I bought shares of Tower Semiconductors (TSEM) today. I am following this company for several years, entering and exiting periodically. The company has stabilized and its sales are booming, yet it not profitable yet. In fact, its cumulative losses are reaching 300 million dollars and it is difficult to see paying it back in the near future. Yet large debts are meaningless if the company is a going concern and the banks are willing to recycle them, which is the case of TSEM. TSEM shares rised 50% in the year, maybe I am too late to enter now.
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