I was going to do a piece about semiconductor foundry stocks, highlighting names like AMKR, TER, CDNS, WFR and RTEC. I was going to tie together the DRAM price spike with the manufactures of silicon wafers, the companies who package and then finally test them for yield. As of now, this is my favorite space, alongside the LED space and housing.
Ideally, the spike in DRAM prices will result in increased supply, in turn, companies who test and package wafers will stand to make money money off volume.
But I cannot get involved with yet another thesis play, as we enter the month of May. The market, yet again, is luring me back into its bosom, lavishing me with short term gains in degenerate stocks. The way this game typically ends is with me shattered to a thousand pieces, lamenting about how I should’ve listened to my own advice.
Well, I have no issues with allocating some spec capital to the above names. However, by no means will I dive back into this tape, naked and without protection.
As an aside, WETF had great numbers. The stock is going to $14 by summer.
Mandatory listening
If you enjoy the content at iBankCoin, please follow us on Twitter
Too much enthusiasm reflected in.just the number of comments under your DRAM blog yesterday; time to step back
I agree
go have a sandwich, Pal!!
When I read central banks around the world are buying U.S. equity ETF’s. I know this has come too far too fast. CB’s are about the lousiest investors on Earth. Remember when they were selling gold in 2001 for $250 an ounce?
Screw memory. I work in that industry on the technical side and it is always feast or famine. It defies logic. Buy VHC and AAPL instead.
I think that other web-site owners ought to take into consideration this kind of internet site as a model. Completely clean and easy to use approach, in addition to quality information! You’re a specialist operating in this amazing topic area 🙂
I think similar blog site operators will need to take into account this amazing blog as a model. Absolutely clean and user friendly approach, as well as outstanding article content! You are an expert regarding this particular subject 🙂