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.
Technology Stocks : Cohu, Inc. (COHU)
COHU 23.28+1.7%Nov 6 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: CusterInvestor who wrote (7479)12/18/2022 8:39:51 PM
From: robert b furman  Read Replies (1) of 7822
 
Hi Custer,

On a washout day after several like it before that, a drop in volume suggests to me the selling is drying up.

If that continues, the market makers won't be aggressive with more shorting.As they see buying "at the ask" as buyers meet them at the discount window for their own accumulation, they'll know it is time for a fast price advance mark up stage soon. Options expiration and the full moon are over. Cohu will not suffer from tax loss harvesting this year, should be supportive. Looking for 47 ish as a high in next year. Then a four down and a big 5 up to mid 90's.

ALSO the company's ASR (accelerated stock repurchase plan) goes into effect. After January first, there is a new tax of 1% added to stock buybacks. 1 % of 70 million is still a savings, Let's get'r done.

Buy some more for your Christmas present this year, It will MAKE YOU HAPPY.

Merry Christmas to you CI!

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