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Hutchinson Technology Inc. Message Board

uptabdowntab 267 posts  |  Last Activity: 1 hour 25 minutes ago Member since: Jul 1, 1998
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  • uptabdowntab uptabdowntab Dec 14, 2015 9:50 AM Flag

    I missed the last one but would belly up to the bar for this one.

  • Reply to

    One month daily volume results....

    by rather_be_long Dec 11, 2015 3:31 PM
    uptabdowntab uptabdowntab Dec 11, 2015 4:19 PM Flag

    There are all kinds of insanely unexplainable valuations in the market these days. In my opinion, the absolute best buy right now is PNNT for a multi-year hold. Almost all the so-called business development companies have been hammered, truly silly. A close second is HTCH, buy today at 3.67 and get a guaranteed (almost) 4.00 in about 9 or 10 weeks. Then look at stocks like MCZ, silly stupid cheap given the upside likely coming. Then if you have multi-year time horizons...wow wowie...BP, RCKY, MAT, VTSI, NWY and a host of others. Tremendously great time to be a buyer.

  • Reply to

    Looks like santa not coming to sukville

    by nicebooger Dec 11, 2015 1:58 PM
    uptabdowntab uptabdowntab Dec 11, 2015 3:59 PM Flag

    Dead money is outperforming the market.

  • Reply to

    PNNT is crazily CHEAP

    by thewisejman Dec 11, 2015 1:11 PM
    uptabdowntab uptabdowntab Dec 11, 2015 1:31 PM Flag

    And insiders continue to make open market buys of significant numbers of shares. One week ago Flug added almost 5000 shares and then a couple days ago he bought another 15000. And today you and I can buy at an even better price!

    By their very nature, BDCs are diversified with their investments spread across many companies and industries. Pretty safe place to park a chunk of money.

    Also, look at the history since inception. NEVER a div cut. And in the history of the company total trading volume below current share price was only about 15mil shares.

    Lovin it.

  • Reply to

    What a gift!, Take advantage and buy

    by uptabdowntab Dec 11, 2015 10:19 AM
    uptabdowntab uptabdowntab Dec 11, 2015 10:20 AM Flag

    Oh, and all the recent insider buying should tell you something. A gift.

  • shares. I get a kick out of several on this board wringing their hands about whether or not PNNT owns an oil company or two due to defaults. All I can say is that would be freaking awesome if they did get controlling interest in one or more. It is so nice to be on the side of the sharks. But anyway, these assets are already written off to zero. One way or another PNNT will recover a decent percentage of the value (last cc said 80% was typical). Whatever, not worth discussing. Almost a 20% yield and likely 30 - 50% upside on stock price when perception matches reality. Cheers.

  • Reply to

    Can't stop

    by b_fr_nk Dec 10, 2015 4:18 PM
    uptabdowntab uptabdowntab Dec 10, 2015 4:37 PM Flag

    ....and the EV/EBITDA is only 4......this train could travel far.

  • CAMP offered $5.50 cash for LOJN. It isn't as close to a done deal yet as Hutch but there is also more of a likelihood that LOJN might get an even higher offer......yet LOJN trades in the 5.10 to 5.20 range so far. I've traded LOJN profitably several times in the past few years but sadly do not own any. rats.

  • Reply to

    Interesting statistic...

    by microcaptrader Dec 10, 2015 3:07 PM
    uptabdowntab uptabdowntab Dec 10, 2015 4:17 PM Flag

    It isn't a higher number because most stocks do recover. With the majority of stocks, almost any one year chart will show at least a 50% difference between the hi and lo for that year.....and that is even true for most of the big boring ones! Makes it seem like it should be brutally simple to make a +30 to +50% return each year with about zero fear of a catastrophic long term loss......but that sure isn't the reality for most investors/traders/pickers.

  • Reply to

    Looks like amazon now discounting...

    by b_fr_nk Dec 10, 2015 10:49 AM
    uptabdowntab uptabdowntab Dec 10, 2015 11:00 AM Flag

    b_fr_nk, You bring joy and smiles to my world. For a guy who claims no interest in MCZ or Mad Catz and claims to own zero shares AND says he has no hope for MCZ's future....You are sure working it hard. Funny.

  • Reply to

    Lawsuit

    by tgagrippa Dec 9, 2015 8:28 PM
    uptabdowntab uptabdowntab Dec 9, 2015 9:20 PM Flag

    Just my opinion......The lawsuit is meaningless. With every buyout/merger/sale, there is ALWAYS a shareholder lawsuit. I've been through at least 5 or 6 of these and there is always a lawsuit and it usually gets settled or gets dismissed years after the closing. I have yet to see a lawsuit delay anything. This one is really weak as they don't even have a lead plaintiff yet....and its over a month from when the deal was announced!

    Think about it.....the sale is at double to triple of where the stock was recently trading. So, no shareholder was hurt. No damages. Pretty simple argument. Even from a PS, PB, EV/EBITDA valuation perspective, easy to make a case that $4 is justified.

    Also, since the deal was announced, over half the float has changed hands. This means the vast majority of shares are already in friendly "yes" vote hands. It also means that anyone who sold shares cannot be credibly part of this sort of lawsuit. Note I said credibly.

    I'd like to say it is "much ado about nothing", but in this case it is "little ado about less than nothing."

    Stock is actually trading reasonably well as price is between 3.62 and 4.00. Once we move into January, it will gradually rise up (since word will likely filter out that .38 will happen since it is pinned by December-end numbers).

    I now think there is only about a 5% chance of a new party offering a higher price.

  • uptabdowntab uptabdowntab Dec 9, 2015 5:16 PM Flag

    Likely just the ATM.
    (sorry, couldn't resist)

  • Reply to

    CC

    by hopeful200 Dec 8, 2015 10:40 PM
    uptabdowntab uptabdowntab Dec 9, 2015 4:18 PM Flag

    I had to chuckle when I saw you have some interest in CBK.....great minds think alike. I've had CBK on my watch list ever since living in the Twin Cities through the 1990s/early 2000s. I think I even bought/sold some a couple times during their glory days but not sure.

    I listened to their cc on your advice. While it sounds reasonable, you should listen and compare it to NWY cc of last week. I think the NWY team has a better grasp and the company is further along than CBK.

    That said, the fact that the market is valuing the CBK business at about zero makes it very interesting to me. Another point in their favor is being headquartered in MN. May not be the splashiest folks but usually pretty bright and work hard and care about the shareholders. I think yesterday's blip up was some short covering since results simply showed what most every retailer is going through and no disaster is looming for CBK. My guess is it drifts lower/sideways for awhile until some of their improvements are proven. The Sat before blk Friday I was stuck in a huge mall in Appleton, WIS....and the CBK store there seemed to be doing great as it was busy.

    Let's just hope the retail sector doesn't turn into the coal sector.

  • Reply to

    If not them, then who?

    by microcaptrader Dec 8, 2015 4:15 PM
    uptabdowntab uptabdowntab Dec 9, 2015 10:59 AM Flag

    Give a man a fish and eats for the day, teach him to fish and eats for a lifetime.

    Ok, that's about as philosophical as I get. My point is, people need to do their own homework. Not too difficult to pick up the phone and make a call or two. Furthermore, even if I was to state point blank facts without weasel words (approx., maybe, about, I think, perhaps, etc) there is no good reason for anyone to believe it. These boards are entertaining and sometimes lead one to other stocks to buy, nothing more, nothing less.

    I'm happy you still post here as I think you are pretty smart and savvy, likewise posters such as micro and hopeful and extremejim and b_fr_nk and several others. The very fact that we all see some sort of opportunity here gives me confidence.

  • Reply to

    If not them, then who?

    by microcaptrader Dec 8, 2015 4:15 PM
    uptabdowntab uptabdowntab Dec 8, 2015 7:46 PM Flag

    I am hoping that we will never know. If it is the company then we WILL know in early Feb when they post Q3 results.

    Typically and historically, retailers (and many others) sell at the exact worse time. The pain of 40 cents is pretty real and many just can't take it so they unload. I would also guess some selling is to capture the capital loss. While 7million shares sounds like a big number, it is really really small for a month+ of trading. It is less than 10% of all shares. I would also bet that at least a few day traders/flippers accounted for a decent chunk of the 7million total volume.

    Those you mentioned in your post hold lots of shares but there are many others that hold that many and more. All it would have taken is for 2 or 3 to give up and sell. A number of months back I think xwallstceo guy said he had something like 2.2million shares. I'll bet he still has them though. My point is there are people who buy lots of shares on a lark and give up pretty easy. Heck, maybe they are the smart ones.....but I think we will be the ones laughing all the way to the bank come Summer......2016.

  • uptabdowntab uptabdowntab Dec 8, 2015 7:05 PM Flag

    For those that missed it this am, below is the entire text of the post to which ps480 refers (it was a reply to sgjerry):

    hey there sgjerry.......I sold my 900k shares at 79 cents on the latest runup and then I already bought back in next week at 18 cents in a private placement.......upyours m'ladie

    will sell in Feb at a buck two eighty

  • uptabdowntab uptabdowntab Dec 8, 2015 6:55 PM Flag

    ps480, Please be sure to forward the entire text of that post exactly as written. There is no way anyone could take it seriously, that is why I littered it with mis-spellings and purposely stated a sell price above where it traded and a buy price far below where it traded. I also stated I would be selling at "a buck two eighty"....I thought that was funny.

    By the way, the flaw in your entire SEC plan is the fine print EVERYONE that posts here agreed to at the time they signed up for Yahoo Finance and these message boards. It states in crystal clear terms that these boards are for entertainment purposes only and are generally a cesspool of misinformation and opinions.

    I would also suggest that while none of the posts here can (by definition) violate any SEC rule, posts such as yours can (and several have) rise to the level of defamation.

    One last piece of advice for you. You need to quit your dayjob so you can post during the day. Why does anyone even have a job. So un-American these days.

    Cheers.

  • same breath and article and sentence with companies like Facebook and efforts like VR .....would have tripled overnight. Great times in this stock market for a savvy stock picker.

  • Reply to

    ATM,ATM,ATM

    by rdy2retire Dec 7, 2015 4:25 PM
    uptabdowntab uptabdowntab Dec 8, 2015 8:48 AM Flag

    hey there sgjerry.......I sold my 900k shares at 79 cents on the latest runup and then I already bought back in next week at 18 cents in a private placement.......upyours m'ladie

    will sell in Feb at a buck two eighty

  • uptabdowntab uptabdowntab Dec 7, 2015 8:49 PM Flag

    My guess is a botched lobotomy.

HTCH
3.73-0.03(-0.80%)Feb 5 4:00 PMEST