Kirk's Market Thoughts Message Board

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Non-Tech : Kirk's Market Thoughts

COHR 185.83

+5.8%

Dec 19 9:30 AM EST

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To: robert b furman who wrote (10995)	2/23/2021 12:01:58 PM
From: Kirk ©	Read Replies (1) of 26800

Congrats with COHU! It has been breathtaking how quickly some of my top stocks have corrected. IIVI fell $19.90 or just under 20% from its recent $100.44 peak before this AM's bounce off $80.55 It could be forming a nice megaphone if it holds this lower blue line. It fell much more after announcing acquiring Finisar but that was a 50% jump in size. Last week's merger announcement (also a bidding war) is much smaller so maybe 20% is "good enough." I took profits at $95 and will be patient for a first buy back but if someone didn't own any... starting now with a partial position makes sense.

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