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Tower Semiconductor Ltd. (TSEM) Message Board

  • yarak1000 yarak1000 Nov 27, 2013 9:34 AM Flag

    Thoughts to TSEM?

    What is the Problem here? why everday new lows? Where is the bottom?

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    • How about dilution, dilution, dilution. Why on earth did Tower with its 100M plus have to sell some 20M in stock almost entirely to Israel Corp for the ridiculous sum of $5 per share? After such repeated dilutions no one can trust Tower not to do more of the same and further drive down the value of shares. Either Ellwanger is clueless or he simply doesn't give rap about those of us who invested early and held on trusting in his ability to provide us with a reasonable return as the company expanded. If that were not true he would long ago have fired all of his business people. 500M in sales and growing; 50% in share value loss this year and growing. Heckofajob, Russell.

    • Wish I knew. Even with all the debt problem it's grossly oversold.

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