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Kulicke and Soffa Industries, Inc. Message Board

  • djhmk2 djhmk2 Apr 3, 2013 9:30 AM Flag

    I am expecting a bounce after yesterday's drop for no reason

    This tock is very undervalued . I believe yesterday was manipulation most likely by an institutional investor. I am guessing that another institution will grab the buying opportunity yet this week.

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    • Hope you're right.

      If we bounce right back I'll sell them calls again(likely more this time) and maybe some common.

      As I put in the thread I started I believe it was an institution selling because of how sizable qty would show up from nowhere on the ask.

      Possibly another new concept for KLIC. Could it actually be that someone WANTED to show KLIC in their holdings at end of qtr - then dumped?

      There is lots of time to speculate/guess about KLIC's price action on no news - some things don't change.

      • 1 Reply to davebugs
      • Dave : Guess we are almost the only individuals talking about KLIC on this board. The amount of institutional ownership is almost 80% as you know. Those guys seldom use these boards. We have a nice bounce so far , but over $11 by tomorrow or even days end would be a very good sign. The drop yesterday looked like an aberation created by some institution & is most likely a high tech manipulation. I bought more yesterday and a little more today. Good Luck.
        DJ

 
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