I am thinking of opening a position in $ATI

It’s a small cap ($2billion) company that manufactures specialty materials and components.

Current share price is $16.32, down 10% past 5 days, -0.55% 30 days, -27% 6 months but +72% 1 year.

It primary consumers are in the aerospace industry which is currently in Covid recovery mode and the company is due to report next week. From what I’ve read it looks like a 50/50 on whether or not it’ll be earnings beat or loss.

Should I wait or jump in?
@investmenttalk I didn’t quite catch the dip right as I opened my position at $16.10 but they beat their earnings forecast and went up 12% today, hopefully they can kick on from here in to the low 20’s
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