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FormFactor Inc. Message Board

  • whynot327 whynot327 Jun 27, 2013 7:30 PM Flag

    Strange stock

    When the overall markets were tanking last week FORM held up very well.
    Now the overall markets have put together 3-strong rallies and FORM has done nothing.

    Conventional wisdom says stocks that hold up very well in downturn tend to outperform in market rallies.
    Look no further than Micron stock which is one of the 3 largest customers of FORM.

    I would've thought with strong 3-day rally this stock will surely have moved to the $7 level.

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    • True. The stock price is controlled , no doubt about that. But using some logic, the company added almost 100 million in revenue with Microprobe and for what they do for a $ they are entering a long term sweet spot. This stock should trade closer to 10 imho.

 
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