In 2023-24, we were accused of being anti-innovation and destructive for saying Wolfspeed $WOLF was headed for bankruptcy. It wasn't me that decided to over-leverage the balance sheet headed into a cyclical downturn. And further, I wasn't one of the institutional investors that looked at the business and the debt opportunity and said, "Yeah that looks reasonable..." Now that the bankruptcy already happened, and another one appears to be a high probability, everyone is lining up to state the obvious. I agree, it doesn't look good. But we'll be taking another look in the next couple of days, along with the rest of the SiC market.
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