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**TLDR:** I YOLO'd 500k+ on this stock earlier this year. Now the stock is finally waking up after years of destroyed sentiment, elevated short interest, stock buybacks, AI/server momentum, and the likelihood of a \~$12M tariff refund. I currently hold 41,500 shares and genuinely think this has real repricing potential instead of just another dead-cat bounce. Personally, I’m still holding.
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So a few months ago I made a post titled:
“[I just went all in on CRSR after 5 years of pain.](https://www.reddit.com/r/wallstreetbets/comments/1rc8zot/i_just_went_all_in_on_crsr_after_5_years_of_pain/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button)”
At the time most people thought I was a completely regarded man moments away from filing a Wendy’s application, which honestly I understood. Averaging down into a stock that had done nothing except psychologically abuse me for years is not exactly healthy behavior. But I could not shake what I was seeing underneath the surface.
For context again in case you did not see my previous post, I’m the CEO of Eluktronics and have spent the last 15+ years dealing directly with suppliers, allocation, and component sourcing inside this industry.
I researched this company harder than any stock investment I have ever made, and the deeper I dug into the supply chain, memory market, their inventory positioning, first-time insider buying, the possibility of a \~$12M tariff refund, and the stock buyback, the more convinced I became that the market was pricing this thing like a dead company while ignoring a ridiculous amount of positivity sitting right in front of it.
And for clarification since some people in my last post commented I was just “getting high on my own supply”, Corsair is not a vendor of ours. We've bought a negligible amount of their memory in the 15 years of our business because we do a lot of our own memory binning internally and operate in parallel inside the same ecosystem rather than with them.
My conviction did not come from some partnership bias. It came from watching the same supply chain chaos hit everyone at once and noticing Corsair consistently looked better positioned than most companies around them.
Now the stock is finally waking up and I do not think this move is random at all. The AI/server news hit last week. The market had several days to digest it.
What I think is happening is the market underestimated Corsair’s positioning, sentiment became far too bearish for far too long, and people still try to say this is just a company that slaps RGB lighting and their logo onto random products. I think that massively underestimates both the brand strength and the position they carved out for themselves with PC hardware along with some smart acquisitions including Elgato, Scuf, and Fanatec. And if there are any Corsair employees lurking in here doing WSB DD instead of working, we should probably talk. I know for certain I could massively improve the laptop side of your business properly. The Origin purchase and Voyager project were not the moves.
The thing Wall Street missed is that CRSR was already structurally compressed before this move even started. Years of pain, weak sentiment, elevated short interest, small market cap, stock buybacks, insiders buying, the company finally returning to profitability post-Covid, and now an AI infrastructure narrative gets attached to it. That combination can get violent very quickly if momentum sticks.
CRSR has spent the last five years training shareholders to immediately sell every green candle. Ironically my position should actually be much larger than it currently is. As of right now I hold 41,500 shares.
It was never my intention to sell any of my original position for more than a day. After watching this stock for half a decade, I convinced myself I had finally figured out its rhythm. My genius strategy was simple: sell before the daily dip, then buy back lower before the end of the day. Except of course that is not what happened.
Literally right after I sold trying to time the move, the stock started launching without me. The worst part is I rationally knew it was going to keep running, but I could not bring myself to buy back in even one penny above where I sold. So instead I sat there watching it climb while internally arguing with myself like an idiot until eventually I realized I just had to buy back in regardless.
I still do not think the broader market fully understands what happened when Micron stepped away from consumer memory while hyperscalers vacuumed up DRAM supply. The entire retail ecosystem got distorted. I watched suppliers go dry in ways I had never seen before. Corsair looked like one of the few companies that prepared ahead of it and is still managing through it better than most. Now they are attaching themselves to AI workstation/server infrastructure at the exact moment the market is desperately searching for the next AI-adjacent small cap.
CRSR also absorbed roughly $12 million tied to the IEEPA tariffs, and there is a very real possibility that money eventually comes back to them. Analysts have treated Corsair like a company permanently trapped under debt pressure and margin compression. That is not the core thesis here, but it absolutely matters.
Maybe this completely fizzles out and I end up bag-holding again. Certainly would not be a new experience.
But after surviving five years of this stock trying to assassinate my mental health, I genuinely think the setup has real potential. Not just a relief bounce. An actual repricing event.
And if momentum funds, retail interest, and continued institutional repositioning all start feeding into each other at once, I genuinely do not think people are prepared for how fast this thing could rerate from here.
EagleTree just do me a favor and don't destroy the momentum selling off at $35 again this time...
Either way I am still here and still holding.
And if any of you joined this ride with me from my original post, I'd like to congratulate you. Maybe you'll remember who dragged you into this early when you're looking for your next gaming laptop. Consider it a charitable donation to my mental recovery fund as a long-term CRSR bagholder!
https://preview.redd.it/xib9xndcot3h1.png?width=1646&format=png&auto=webp&s=2b0d1f95fa18408f91793c52db4c0ff74371921f