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Hutchinson Technology Inc. Message Board

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  • charboneus charboneus Sep 7, 2011 5:31 PM Flag

    in need of a catalyst...

    "Where have you been?"

    I've been right here, long at a $2.30 average. Where have you been?


    "Huh, supply overhang?"

    I'm not sure you understood my point. I was talking about the stock itself, not supply of inventory/goods/etc. In other words, there is (and has been) a supply overhang of shares of stock available for sale. In my opinion, we need a catalyst to change that.

    Good luck to you.

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    • Both of u guys are right about your seperate topics. Stock overhang seems to be reflective of traders willing to get a few pennies. Agree, need a catalyst to drive higher or will continue to float in the "traders" range from $2.00-#2.40. Hit profitability probably back into 3, maybe low 4's. Don't see this hitting 5 anytime soon.

 
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