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Kulicke and Soffa Industries, Inc. Message Board

  • djhmk2 djhmk2 Jul 22, 2013 4:47 PM Flag

    That was a big pop today on zero news

    It will be interesting to see if it stays up tomorrow. I am not bashing, but I think it is a bit overbought for one day. 5.75% in one day is a lot especially with no news.

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    • I think since its in a cyclical market, the PE is extraordinarily low, and they have a huge cash balance. I think this rally was just a long time coming - it is still cheap on a valuation basis. Like I stated on an earlier post - I think $15 by years end is easily attainable with some decent earnings numbers.
      We will see $30/share in a few years if they arent bought out.

      Sentiment: Buy

10.55-0.01(-0.09%)10:23 AMEDT