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Ultra Clean Holdings Inc. Message Board

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  • dreamerultra dreamerultra Oct 18, 2011 5:22 PM Flag

    ISRG numbers out after the bell

    This whole thing has been quite fabricated from the start. For UCTT to move into the $9's (maybe the $8's) would have been quite justified based on the soft patch that started last quarter. But knowing the company can earn $1.20 a share normally and with a balance sheet that has $89M in debt vs. $194M in assets (well over a $100M of which is easily liquid) this whole move to below $4.00 is utter nonsense. Which is why I held my nose and doubled down last week. This company has delivered all year long on estimates, to get destroyed like this stinks of fabrication. Should trade well above $12.00 at some point next year.

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UCTT
4.56-0.05(-1.08%)Feb 12 4:00 PMEST