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Hutchinson Technology Inc. Message Board

uptabdowntab 238 posts  |  Last Activity: Jul 11, 2016 7:32 PM Member since: Jul 1, 1998
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  • climb higher. Some strategic buying interest the last couple weeks, very disciplined. Anyone doubting what the company is worth should listen to the last cc and look at the cash and ebitda this company generates each year. Cheers.

  • uptabdowntab by uptabdowntab Jun 1, 2016 12:09 PM Flag

    is just starting to turn. Sort of tough to quantify, but there has been a bit of buying interest over the last 2 weeks. You are smarter than me and you should take a glance.....if you need to be spurred, read the last cc transcript.

  • uptabdowntab uptabdowntab Jun 1, 2016 11:07 AM Flag

    emory, Why don't you come out and say exactly what you are talking about. All you are doing is spreading fear and uncertainty with no specifics. All you have to do is preface it with an "in my opinion" or "simply guessing, but maybe" or some other disclaimer. You say, "...it will be interesting to hear what everyone has to say on the stand." What in the blazes are yo even talking about? There is no court case, there is no lawsuit, read the SEC docs. Maybe to summarize.....either put up or shut up. Cheers.

  • uptabdowntab uptabdowntab Jun 1, 2016 11:01 AM Flag

    Even though it popped some yesterday, the volume was not that impressive. The markets still seem sort o ill to me.

  • uptabdowntab uptabdowntab May 31, 2016 10:03 PM Flag

    It is great that KTCC is starting to move. Also am very happy for you since you own a bunch. While I personally do not own even 1 share, I was savvy enough to buy some shares in another family member's account over the last couple weeks so am sort of tickled pink myself. It's sort of weird but I get far more satisfaction/pain when I make/lose money in a couple other accounts I manage.

    Seems likely now that it started moving up that it will continue into the 11s/12s. Although it might be a bit of a struggle because their competitors are also at very low valuations and seem to be anchored or even sinking a bit.

  • uptabdowntab uptabdowntab May 31, 2016 4:02 PM Flag

    Just my opinion, but this is obviously another desperate move for a company that clearly went out of business months ago and is having a holographic cc in 49 hours. What will they do about all the phantom trades of the last couple months?

    ppppssssttttt.....the above is sarcasm. Not great funny sarcasm, but sarcasm none-the-less. Like I said earlier, if Thursday's results show the company still exists, then let the slow steady climb upward begin for little old mcz.

  • 1. What a cesspool this message board has become.
    2. Emory is still not as good a soft basher as micro as emory is not subtle enough.
    3. It is not possible for Mad Catz to disappoint on Thursday.
    4. I take back #3 if Mad Catz says they really no longer exist and closed down everything 2 months ago.
    5. The turn turn guy and stockcollex guy are a mess.
    6. MCZ will no longer trade 1 year from now due to a bigger fish buying Mad Catz.
    7. The alternative slate of directors will not be offered due to CEO outlook Thursday evening.
    8. ATM has still not been used.
    9. The reason I believe #6 is because they didn't go outside to fill the CEO slot.
    10. MCZ goes way over $1.00 this calendar year.
    11. The train ran in to town.

  • Reply to

    This appears to be a contrarian stock.

    by probongloader May 25, 2016 10:17 PM
    uptabdowntab uptabdowntab May 26, 2016 10:04 AM Flag

    Exactly how does one "nibble big"?

  • uptabdowntab uptabdowntab May 25, 2016 11:20 PM Flag

    Read this thread, did 2 minutes of research....and bought a wee bit. Was sort of funny, I logged into my Fid accnt and entered an order to buy 5k at the market but then I saw how low the trading volume was so changed it to 1k before hitting the submit. Now at least I will follow along and hopefully add a bunch as my comfort level grows.

  • Reply to

    Where o where are the shares coming from?

    by uptabdowntab May 25, 2016 3:36 PM
    uptabdowntab uptabdowntab May 25, 2016 5:41 PM Flag

    I just looked at the "Major Holders" list in Yahoo Finance. I'm sure that overall insti interest is way up. There just aren't that many entities capable of selling this many shares.

  • info packets due in July AND talk of improving shareholder value and liquidity. I think some big strategic moves are coming for the company. CEO must believe the future is bright and now is the time.

  • Reply to

    Some fun speculation....I would bet you a

    by uptabdowntab May 24, 2016 1:03 PM
    uptabdowntab uptabdowntab May 25, 2016 4:55 PM Flag

    Hi motormanohio, I do not own any commercial (retail, strip mall, office) real estate. My main real estate holdings are several small multi-family buildings. One is a 10 unit with all two bedroom apartments/detached garages, another is a 5 unit townhome style building and each unit has an attached 2 car garage, and another is a 6 unit with all two bedrooms and detached garages. The nice thing with residential is that it is profitable from day 1. The difficult thing with commercial is that you need really deep pockets to ride out any vacancies as they can be tough to fill. The residential rental market is pretty strong all over right now so easy to find good tenants. I don't even know what my loans are, I simply trust my local bankers since they are people I know. I closed on the 6 unit last week and it is a 15 year loan, interest rate locked at 4.3% for first 5 years, and I only had to put 10% down. My rate on the 10 unit was locked for 10 years at 3.6% (I still chuckle about that). That is the beauty of this type of real estate, you make money with other people's money. All I care about is that the building pays for itself and the mortgage. Within 10 years, the building is about 90 - 100% paid for and then you sell it. It is still possible to find some good apartment deals but the pickins are slim. If you do go this route, buy near where you live so you can keep firm tabs on what is going on, even if you hire a prop manager.

  • There are only 2 institutions of any size so perhaps that is the source.....BUT volume remains pretty high, today again is well over 1% of outstanding shares. I would think that even if one of the bigger insti or funds is lightening up they would have been done weeks ago. Can't be insiders or Borg since they have to file forms.

  • Reply to

    Shares oustanding

    by bradsouva May 25, 2016 10:37 AM
    uptabdowntab uptabdowntab May 25, 2016 2:18 PM Flag

    158mil outstanding and that total has been flat for several years since the dilutive Duchess financing ended.

    I think the biggest owner is the CEO, he has about 16million shares. So the float should be pretty large, maybe 120 or 130million shares. It has always baffled me why trading volumes are so small.

  • uptabdowntab uptabdowntab May 25, 2016 1:56 PM Flag

    I typically own anywhere from 5 - 10 stocks that I do not intend on holding forever. Stuff like NAII, MCZ, etc. Then I own about 5 more that I intend on never ever selling.
    I have lists that I have maintained for years of maybe 200 stocks that I occasionally go through when markets dive.

    Much like you fab, my weighting is not equal. I really only care about the 5 - 10 short term (months/years) stocks and my biggest is about 40% of the total of those 5 - 10 right now. I have no qualms about weighting going up to even 70 or 80% because the totality of all my stocks is now quite a bit smaller than my real estate/apartment holdings.

    I think you are smart to own 40 if you are doing it full time. It makes it more likely you will notice things before others and gives you a chance to pile in to several before they ramp upward. That is sort of what I do when I own one like EMMS right now. This is also about exactly what hopeful did with NAII. He owned a little then quickly grasped when things changed and then really piled in for his benefit. Good way to do it.

  • Reply to

    Stuckholder

    by carpinus1 May 20, 2016 3:23 PM
    uptabdowntab uptabdowntab May 24, 2016 8:31 PM Flag

    I admire your persistence and guts. Just not sure it is worth the stress. If the deal goes through, you make about 13 or 14% from here. Not bad, but not exactly great either.

    NAII is going to go up at least 50% in the next month or two.
    VTSI is going to double this calendar year.
    BAC will even get you better than 15% in the next 3 or 4 months.
    RFP will double or more over the next 9 months.
    PNNT pays a dividend that ensure over 15% over the next year.
    CNAT could go up multiples...or not.
    EMMS is a sure thing over the next year or two.

    My point is that there are much easier and lower stress ways to make 13 or 14% over the next month or three.

    At this point my guess is that the FTC says No but that TDK/Hutch have a side deal approved to sell only the OIS business to TDK and that Hutch emerges as a debt-free company focused only on suspensions. Just a crazy guess.

  • Reply to

    bfrnk...you still long and strong naii?

    by microcaptrader May 22, 2016 1:52 PM
    uptabdowntab uptabdowntab May 24, 2016 4:19 PM Flag

    Add EMMS to that list. Why? gut feel and it is a cash generatin machine and per the last cc the CEO said to wear shades

  • Reply to

    I think maybe we close in 13s today...

    by hopeful200 May 24, 2016 2:46 PM
    uptabdowntab uptabdowntab May 24, 2016 4:17 PM Flag

    Considering the low number of outstanding shares, the volume has been really decent for quite some time now. Not sure who the sellers are but eventually they will run out of shares and the price will continue to climb. All the valuation metrics suggest it is more undervalued at 13 than it was at 5 a year or so ago. Crossing over $100mil in revenue is also a big deal in my book. I think when it does go up, it isn't going to be a dime a day but instead a dollar or three a day for a few days in a row. Maybe the catalyst will be a new fund, maybe some technical chart thing, maybe a buyout rumor, maybe big insider buying, maybe a road show preso, maybe maybe maybe. Easy one to wait on at least.

  • beer that the reason for the delay in the annual meeting is so that it can be held at the first Modern Round in AZ.

  • Reply to

    Just gets weird

    by norwalkron May 23, 2016 11:17 AM
    uptabdowntab uptabdowntab May 23, 2016 4:28 PM Flag

    It actually makes sense to me. Why buy now? Smarter to wait until after June 2nd. If the news is knock your socks off great, then you can buy for 21 cents. If it is a disaster, then you can buy for 17 cents.

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