I see no reason for anyone on SI in general, or within the cadre of equipment-stock followers in particular, to acknowledge a 25%+ jump in KLIC (4th best performance on the NAZ).
If AMAT or KLAC or CREE etc. would have gone up by even 1/3 as much, the mavens would have been slobbering all over themselves.
There should not be one iota of surprise that the silence on this thread is deafening. Another 4,000,000 pound elephant in the room, that is the star of the show, that all the clique-ish lemmings can't bear to acknowledge.
Deja vu.
The canary is back...and the fact that the news around the company is worse than ever, and the fact that those who 'study' the company (such as analysts and similarly clueless folks here on SI) are unanimous in their negativity, is powerful and compelling evidence KLIC's rally will likely continue for many months.
Thanks for posting all the negative news here folks. Ever since that 'atrocious' earnings report, the S&P downgrade, and the insightful assessment, a couple of posts back, of KLIC's strategy as 'bonehead', the stock is up about 50%. KLIC was probably the best performing stock this week in the equipment space.
And everyone believes this is some sort of freakish anomaly. Like the market around KLIC as gone freakin' mad.
Some folks will never learn. |
