The volatility in XCRA, on thin volume, tells me that this stock (and maybe the market) is in the hands of small-timers, motivated by rumors rather than analysis. Mind the gap!
No razzle-dazzle, but management knows the business and is honest. Solid company, with good earnings power and balance sheet. I think the market is too high, but if you want to own one company in the sector, this is the one to buy.
AMAT, KLAC, and TER are down, XCRA is up. What does that say about semi equipment? That the sector is healthy - or that XCRA is an outlier?
Given the state of the U.S, economy, the market is too high, IMO. All the semi equipment stocks (except the Japanese suppliers) are overpriced - notwithstanding all the analysts who are talking their books. Given their share of the semi test business, this is especially true of XCRA, whose value is somewhere in the low 7s. It and others could go higher, but sooner or later........
Right on! These creeps constantly scream for the firing of officers but never say how. XCRA looks like it's heading back to 6 or 7, as people who swallowed the hype about acquisitions realize that high-tech acquisitions are usually losers. Ask H-P.
TER has acted miserably for a long time. Compared with AMAT, KLAC, and others in semi equipment biz it's dreadful. Either the Company is in a tailspin or they're not communicating their strengths to analysts. Other tech stocks are getting creamed too, but still, TER is a laggard.
Sayeth the fellow who a week ago called sellers and shorters "dummies."
There are two kinds of buyers supporting this stock; (1) people who are sure they know something no one else knows, and (2) underwriters, who are keeping the stock at or above the offering price. We'll see how long this lasts.