SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Classic TA Workplace

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Galirayo who wrote (132726)5/14/2006 12:21:32 AM
From: robert b furman  Read Replies (1) of 209892
 
HI Roy,

Thanks for the follow up.

I've just returned from Valdez Alaska - getting out boat ready for fishing.

Cohu is famous for final shakeouts - it always gets wicked just before a reversal.

Past performance suggests it should get ugly.

More often than not a second final shakeout thats features a fast price dip on volume and big size block transactions give the volume reversal clue.

Thinking/hoping for 14.00 ish - but that might be piggish.

Several tech stocks have earnings next week - it will be interesting.

Week before options expiration is always hard to read.

One day good -next day bad.

One thing for sure this week we must endure and see how tech gets treated.

Often it acts strong and then has a final dip - that's the perfect buy - I almost never wait till then.
GG

Bob

P.S. Thanks for the analysis -this is a great value buy in the works - this last week they sold some surplus land and made three million - of course the stock price went down - obvious isn't it?

Book value at 11.50 = cash over 6.00ish.

I've seen it sell at book back in Oct 98.

I guess I'll just keep my powder dry and bet the farm at book value.GG

Bob
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext