$Taiwan Semiconductor Manufacturing(TSM)$
On 1/24/2025, TSMC hit an ATH at $226.40.
By 3/3/2025, it had dipped into bear market territory, down 22.99% from that $226.40 top. I doubt anyone still remembers how much $226.40 was being talked about back then.
By 4/8/2025, TSMC had lost 39.1% from that same intraday high. People love to say they bought the bottom at just the right time, but this is a chat board — even Buffett missed the bottom.
By 5/19/2025, TSMC finally crawled out of that bear market. The point is, buying into a bear market can still hurt you pretty hard.
By 6/26/2025 and 6/27/2025, TSMC hit another set of all-time highs at $225.22 and $228.88.
During that dark stretch, TSMC got hit by DeepSeek and tariff concerns.
TSMC did beat earnings on both top and bottom for Q1 2025 on 4/17/2025.
So what?
That leads to the next story. Just note down $375.10 for later.
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