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Hutchinson Technology Inc. Message Board

  • longtimefollower longtimefollower Jul 28, 2011 11:35 AM Flag

    Taking a breather.

    Certainly entitled to, after the strong price rise of the last few weeks. Digestion is healthy, even though I expected more short term increase, on the earnings release. (Dow down 200 obviously didn't help yesterday.)

    No matter, and no worry. I expect the upturn to inevitably resume, in the coming days/weeks, as HTCH's new, and much improved, fundamentals, continue to "percolate" on the Street. It will take time....but it will not take MUCH time. ($3.20 still, absolutely, positively, represents DRASTIC mispricing of this security. $4-5, minimum, in the relative near term.)

    It's still on my rare and vaunted super strong buy, by the way.

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