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Hutchinson Technology Inc. Message Board

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  • longtimefollower longtimefollower Dec 23, 2010 1:41 AM Flag

    i BOUGHT this POS 4 times

    If you were a mature investor, you would look at the $11-12 book value, and the 5 year high of $30, and realize the tremendous potential here. You kept a sick CPWM at $1-2, with a dangerously weak balance sheet and operating results, and then "sung the praises" of that investment I got you into, when it went up to $11, and yet, you carp and whine about a HTCH, that is currently rock bottom, when you should be happy and excited about this tremendous opportunity to own a currently sick company with a fabulously strong balance sheet, which makes downside in the short to intermediate term virtually nil, with a whole lot of "runway" for takeoff, if they should turn things around....or the ability to get out at probably roughly a break even, some time in 2011, if they should not turn it around.

    Sometimes, you come across as a rank amateur, consumed by your emotions. I don't if its merely a game you play, to razz me, or you really want to come across on these message boards as someone who doesn't know how to look past the recent action of a stock's price (especially in tax loss selling season), and be excited instead by fundamental value. If I persuaded you to buy these in the first place, because of the value, why aren't you still excited by that? If you bought it "just" because I owned it, then I guess that was a mistake for you. Why can't you just stick it in drawer for 6-12 months and shut your trap. Give my situations TIME to play out, for heavens sake.

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