After INTC’s good earnings you’d think that KLIC would be doing better. But it is not.
The stock was below $7 last week and ran up to almost $9 in anticipation of Intel’s good news. But now the company is saying they see a “pushout” of orders in the fourth quarter. With that, the stock is down a whopping 10% and below $8.
We own this under $5 and have been recommending to buy in the 6.50 area. Realize it was 6.75 on July 1st. I would welcome an opportunity to buy in the mid-6’s if possible. So sorry that a little more patience is needed on the way to $10…
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Was $7.17 on 7/07. $8.88 Wednesday morning. $7.28 today 7/14. Very attractive near $7…
Thanks for MOT, Scott. in at 6.52 and still holding for 9.
Took a position in KLIC this morning as well. Any opinion on NVDA?
I dont comment on other IBC picks
Scott’s mom told him, “If you can’t say something nice….”
Fair enough
I may actually like or dislike the stock. It doesn’t matter.
I just don’t think we at IBC need to validate or invalidate each other…
BTW–the long term uptrend on KLIC since late 2008 remains intact…