TaffyII, welcome to the thread. I to have been an FSI shareholder and fan for over 2 years. And, am extremely disappointed, obviously with the stock performance. The stock went down with the rest of the semi stocks. But now with the likes of LRCX, AMAT, KLAC, COHU, etc.. getting unbelieveable returns the last 9 months, FSI has not even come close.
If I am an outside investor looking to buy this stock for the first time, the first thing I am asking myself is, why have many of these other stocks had huge gains and FSI has not. No question, management is silent. No question, the idea of their orders picking up has to be in question since I have'nt heard anything for a while. And, they certainly do not go out of their way to inform the public of what is going on, good or bad.
Anyway, bottom line is, I started liquidating my shares last week. I sold 25% of my holdings and will continue to liquidate in 25% increments over the next couple of months.
As far as I am concerned, FSI has to be one of the biggest dissapointments of this great bull run the last 3 years. Until FSI can show me that they are have a company worth investing in, I will not purchase any more shares. Looking at they news wires, it appears that FSI has had no announcements of great worthiness in the last 6 weeks to 2 months.
Good luck with your position. |
