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Linear Technology Corporation Message Board

hob9 14 posts  |  Last Activity: Jul 30, 2015 12:37 PM Member since: Jul 9, 2010
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  • I think it's a very good long term bet (1-3 years) that this company will prevail and the stock will again see the 20's. They made a (huge) mistake but have the capacity to repair the damage or be bought out by a rival.

  • Reply to

    Go figure...

    by gbailey4u Jul 14, 2015 12:26 PM hob9 Jul 16, 2015 6:23 PM Flag

    As you predicted on June 24, just 3 weeks ago!
    When do we see $10?

  • Reply to

    Pleasant Lake Ups Stake to 9.88%

    by gbailey4u Jul 6, 2015 8:27 AM hob9 Jul 13, 2015 10:09 PM Flag

    Nasdaq still showing 91.8% institutional ownership as of 6/30/15 and 1.54M shares held short. It does not appear that the numbers are up to date because they also list MX share ownership of 919K for Pleasant Lake Partners and not the 3.363M shares reported to the SEC as of 6/30/15? They just reported the 6/30/15 numbers today, 3 days after they were scheduled to report this data... We could definitely see a short squeeze coming in the next few weeks.

  • Reply to

    Pleasant Lake Ups Stake to 9.88%

    by gbailey4u Jul 6, 2015 8:27 AM hob9 Jul 12, 2015 12:30 AM Flag

    They have not yet posted the short interest of MX as they indicated in their website. Maybe Monday?

  • Reply to

    Pleasant Lake Ups Stake to 9.88%

    by gbailey4u Jul 6, 2015 8:27 AM hob9 Jul 9, 2015 3:34 PM Flag

    Other institution buying/selling aside the purchases of Pleasant Lake could put the institutional ownership at over 100%! They have purchased about 6% of the company stock over the last 3 month period. Nasdaq will report this short % tomorrow, July 10. That may be why it popped today.

  • Institution holdings down 2% to 92% but the short interest has increased by 1% to 4.7% or 1.6M shares. That's about 3-5 days to cover with typical daily volumes. The chart suggests that this stock is ready to pop again, moving up in steps every 2-3 weeks. Data from Nasdaq dated 5/31/2015.

  • Reply to

    The Breakout...

    by gbailey4u May 31, 2015 4:17 PM hob9 Jun 11, 2015 12:42 PM Flag

    OK, it's been above $7.5 for a week now...

  • with stock and option purchases. They now have 2.64M shares through many purchases through 6/8/15 and a few thousand option contracts closing in June and Sept, mostly $7.50 contracts. The latest short data shows about 1.6M shares short (Nasdaq info), increasing over the last month so this could be an interesting battle or short squeeze. The institutional ownership is now listed at 92% leaving only 2.7M shares that are very liquid in the market. Institutions tend to hold on for the long term, looking for long term growth opportunities. MX is in the strongest semiconductor market, Analog, but does not seem to have capitalized on that fact, instead growing manufacturing, sales and product diversity. If they straighten out their mismanagement, this stock could see $20-$50 share price easily.

  • by hob9 Jun 4, 2015 11:40 AM Flag

    Shorts never thought this stock would rise but with very high, stable, institutional ownership (94% currently according to Schwab) and SEC filings up-to-date, new management, who knows how high this can go. The stock never actually rose to the levels it could have given their historic reporting "profits". As an analog company, it's time that they realize parts do not have to "given" away. They need to look at the operation of Linear Technology and not take every order with miniscule returns.

  • Latest ownership suggests the long term outlook is favorable on this stock. There are only 2M shares in the "public" market for non-institutional investors. MPWR, a similar stock has gained over 600% in the last 5 years, I think because the institutional ownership has been over 100%. Short sellers have taken a bath on that one. The Analog IC market is one of the highest profit percentage markets within the semiconductor field. This company has gone through a rough patch in the last couple of years due to "cooking the books", claiming sales before parts are sold from distribution. Hopefully, they will "catch up" to the sales through actual end-market sales over the next 6-12 months.

  • A report by Zacks on the 14th of May is rating MX a buy. They need to get over their reporting delays and turn their large sales numbers into profits instead of spending it on accountants required to satisfy the SEC. The cost of rebalancing balance sheets is extremely high emotionally and labor wise. The analog IC market is still strong and they are a contender in that space. A takeover...I don't think so. What they need is a new strong management to pull them out of this problem.

  • Reply to

    Short squeeze possibility

    by hob9 May 13, 2015 3:50 PM hob9 May 13, 2015 3:58 PM Flag

    Pleasant Lake Partners just purchased another 500,000 shares just previous to May 7, 2015.

  • Reply to

    Short squeeze possibility

    by hob9 May 13, 2015 3:50 PM hob9 May 13, 2015 3:54 PM Flag

    91% as of last report and Pleasant partners just announcing over 5% ownership may put the squeeze on short coverers.

  • Over 90% institutional ownership leaves little stock left for the shorts to buy back. Hold on for the ride!

41.00+0.01(+0.02%)Jul 31 4:00 PMEDT