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Is it going to head back to $5s and $4s again???? Reversal to downtrend?
It's been going down day after day looking worse to come. Can it still hold $6? Already breached yesterday.
Turning into another POS.....
Buying the shares of AMKR is better than going to disneyland..Where the news is always good no matter what.
Life is a bowl of cherries if you buy the stock here.Where there is no such thing as bad news for this stock.
The stock ha shad a tremendous rally on company's profitability completely collapsing down toi where an 8 cent loss is now expected for the current qtr.
Using that same twisted illogical logic if their profitability starts to increase can we then expect the share price to collapse?
down to near zero levels.
If they start losing money big time will they like it even more and bid the stock price up even higher?
I don't know why AMKR mngt didn't think of this before.Where all they have to do is start losing money to get the stock price to rally higher.
Anybody not buying this stock hand over fist right now before the upcoming "expectations falling off a cliff rally" is a loser fool thats going to miss out on this tremendous upcoming rally.
What stock doesn't rally when their expectations for the full year drop 80% from ~50 cents down to 8 cents?
Can anyone name one company's stock that doesn't rally on such a drastic drop in expectations?
Anyone?Anyone at all?
An 8 cent profit for the whole year is good news isn't it even though ~50 cents for the whole year was expected kust a few short months ago and should be the catalyst to drive the share price much higher.
The Ruters article that I referenced said Amkor presented at a Goldman Sachs Conference whose aim was putting deals together between companies looking to sell and private-equity firms, known as "sponsors." Goldman will both underwriting the debt required for the purchase and earn a fee for putting the deal together. You can find the article on line. I truly doubt that Ruters is writing something that is not true. So I would say that it is not speculation that Kim has OK'd it. Now, I have no idea about the price or if it can be done, but Goldman is not a kind of company that wastes their time on something that is impossible to put together.
After all since when does a company's stock not rally when they start losing money?
I see no reason why there shouldn't be a massive "losing money" rally here coming down the pipeline.
Whats the big deal about being profitable anyway?Losing money is no big deal and we should be seeing a tremendous rally in the stock price any day now.