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Hutchinson Technology Inc. Message Board

  • longtimefollower longtimefollower Mar 30, 2014 12:08 PM Flag

    HTCH trading near 52 week low, and down over 50% from its high of a year or so ago...

    ....while WDC, its primary customer, is trading at a 52 week high, and is up like 80% from a year ago.

    That doesn't make sense.

    I expect major gains here, later this year....and possibly as soon as the coming earnings release.

    Buy low and sell high. If you have the courage to step in front of a moving train, you will be a massively outperforming investor, over the long run. As long as you KNOW WHAT YOU OWN.

    Sentiment: Strong Buy

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    • you said it...stepping in front of a moving train....this company is a real's primary...only market is in decline....competitors will survive only by dropping price....better hope the train slows down enough for you to jump off .....

      • 1 Reply to bargainhunter880
      • It's clear you don't understand this industry. Too bad for you. The demand for suspension assemblies will be growing considerably faster than the overall economy, over the next SEVERAL years, and HTCH's market share has a very good chance of going from 22% to 33% over that time period. I expect the next 6-18 months, in particular, to be explosive for the company. And I could care less about the fact that we have dropped as much as we have, in the near term. In fact, I am delighted. So much so, such that I own 2.5% of the company.

3.65-0.01(-0.27%)Apr 29 4:00 PMEDT