Cohu, Inc. (COHU) Message Board

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Technology Stocks : Cohu, Inc. (COHU)

COHU 23.94

+2.9%

Nov 7 9:30 AM EST

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To: robert b furman who wrote (7360)	4/17/2022 1:51:33 PM
From: Underexposed	Read Replies (1) of 7822

Smile..... You have a very different concept of TA than I do Robert. I stand by assessment of stocks using my approach. I have made very few erronious predictions. as a long term holder I do not encourage chasing a stock as its price falls. It is currently $25/share if you buy now and it falls as predicted to $19/share you would be looking for a 50% rebound before you broke even on that purchase. Buying in at $32 would have made things even worse if you hang on from back there. I prefer trying to catch a falling stock when it shows signs of a sustained reversal. I don't see that reversal happening for the forseeable future. Catching falling knives is a bloody business...far safer when said knives hit the floor and stop falling. You keep on talking about the price going to be a 4 bagger. well in its history it has only happened twice... that being in about August 2000 and roughly 2020. After that hugh spike happened in August 2000, it barely rose again by 100% for 17 years when it started arise to 200% in 2017 to 2019 when it rose from $10 to $25. But it fell back to about $12. The recent spike is acting very much like the spike of Aug 2000. I holds it peak for a short while and then plummets back to its baseline in the low $teens and stays low for years. So now is now the time for a long term trader to purchase IMHO. I hope your TA works out for you but I trust my approach more. I won't bother you with my TA much in the future as it does not seem to help you and others in this thread. However I do follow this thread for interest sake and if I see something worth mentioning I will comment on it. Regards UE

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