Cyclical companies are notorious for
experiencing fluctuations in market value that exceed actual changes in the fundamentals.
Not exact matches
Actual results, including with respect to our targets and prospects, could differ materially due to a number of factors, including the risk that we may not obtain sufficient orders to achieve our targeted revenues; price competition
in key
markets; the risk that we or our channel partners are not able to develop and expand customer bases and accurately anticipate demand from end customers, which can result
in increased inventory and reduced orders as we
experience wide
fluctuations in supply and demand; the risk that our commercial Lighting Products results will continue to suffer if new issues arise regarding issues related to product quality for this business; the risk that we may
experience production difficulties that preclude us from shipping sufficient quantities to meet customer orders or that result
in higher production costs and lower margins; our ability to lower costs; the risk that our results will suffer if we are unable to balance
fluctuations in customer demand and capacity, including bringing on additional capacity on a timely basis to meet customer demand; the risk that longer manufacturing lead times may cause customers to fulfill their orders with a competitor's products instead; the risk that the economic and political uncertainty caused by the proposed tariffs by the United States on Chinese goods, and any corresponding Chinese tariffs
in response, may negatively impact demand for our products; product mix; risks associated with the ramp - up of production of our new products, and our entry into new business channels different from those
in which we have historically operated; the risk that customers do not maintain their favorable perception of our brand and products, resulting
in lower demand for our products; the risk that our products fail to perform or fail to meet customer requirements or expectations, resulting
in significant additional costs, including costs associated with warranty returns or the potential recall of our products; ongoing uncertainty
in global economic conditions, infrastructure development or customer demand that could negatively affect product demand, collectability of receivables and other related matters as consumers and businesses may defer purchases or payments, or default on payments; risks resulting from the concentration of our business among few customers, including the risk that customers may reduce or cancel orders or fail to honor purchase commitments; the risk that we are not able to enter into acceptable contractual arrangements with the significant customers of the acquired Infineon RF Power business or otherwise not fully realize anticipated benefits of the transaction; the risk that retail customers may alter promotional pricing, increase promotion of a competitor's products over our products or reduce their inventory levels, all of which could negatively affect product demand; the risk that our investments may
experience periods of significant stock price volatility causing us to recognize fair value losses on our investment; the risk posed by managing an increasingly complex supply chain that has the ability to supply a sufficient quantity of raw materials, subsystems and finished products with the required specifications and quality; the risk we may be required to record a significant charge to earnings if our goodwill or amortizable assets become impaired; risks relating to confidential information theft or misuse, including through cyber-attacks or cyber intrusion; our ability to complete development and commercialization of products under development, such as our pipeline of Wolfspeed products, improved LED chips, LED components, and LED lighting products risks related to our multi-year warranty periods for LED lighting products; risks associated with acquisitions, divestitures, joint ventures or investments generally; the rapid development of new technology and competing products that may impair demand or render our products obsolete; the potential lack of customer acceptance for our products; risks associated with ongoing litigation; and other factors discussed
in our filings with the Securities and Exchange Commission (SEC), including our report on Form 10 - K for the fiscal year ended June 25, 2017, and subsequent reports filed with the SEC.
When
market conditions are unfavorable
in the view of the investment manager, the Fund may
experience limited, zero, or possibly negative correlation with general
market fluctuations for meaningful periods of time, and the Fund may
experience a net loss of time - value on purchased options.
The global
market for vanilla has
experienced tremendous volatility
in recent years, as the entire supply chain has struggled with price
fluctuations, limited supply and poor farming and harvesting practices that harm the quality of beans.
I recognize that the Fund may
experience limited exposure to general
market fluctuations for meaningful periods of time, and
in some of these cases the general
market will be advancing.
When
market conditions are favorable
in the view of the investment manager, the use of options to increase
market exposure may amplify the Fund's sensitivity to general
market fluctuations for meaningful periods of time, and the Fund may
experience a net loss of time - value on purchased options.
When
market conditions are unfavorable
in the view of the investment manager, the Fund may
experience limited, zero, or possibly negative correlation with general
market fluctuations for meaningful periods of time, and the Fund may
experience a net loss of time - value on purchased options.
Professional Forex trading is a trading which implies the full professional action together with an
experience and supporting that determines the wisely and profitable managing of the account and capital during the process of earning money from the
fluctuations and movements
in the Forex
market.
Forward - looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward - looking information, including but not limited to: risks related to changes
in cryptocurrency prices; the estimation of personnel and operating costs; general global
markets and economic conditions; risks associated with uninsurable risks; risks associated with currency
fluctuations; competition faced
in securing
experienced personnel with appropriate industry
experience and expertise; risks associated with changes
in the financial auditing and corporate governance standards applicable to cryptocurrencies and ICO's; risks related to potential conflicts of interest; the reliance on key personnel; financing, capitalization and liquidity risks including the risk that the financing necessary to fund continued development of the Company's business plan may not be available on satisfactory terms, or at all; the risk of potential dilution through the issuance of additional common shares of the Company; the risk of litigation.