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Technology Stocks : Cohu, Inc. (COHU) -- Ignore unavailable to you. Want to Upgrade?


To: bearshark who wrote (7667)3/21/2024 9:14:38 AM
From: robert b furman  Read Replies (1) | Respond to of 7822
 
Hi Bear,

CHEATING!

That say confession is good for the soul. You are forgiven my friend. <smile>

Did you note the volume for the weel of the 11th - 4,040013 shares. Almost 4 times the previous week ,which is close to average.

I have no doubt that Cohu is singing the blues and working the price dwn, while loading the truck on "buy back" shares.

A dip to the two previous lows ($24.06 on 7/4/22 and $25.20 on 10/10/22 [which kicked off the 9 month ascent to $43.99 on 7/31/23]) will be quick.

There is no doubt in my mind that Donahue and Mueller are both conservative to want thier hard earned cash to buy value,when they enter a buy back program.

With AI juicing the chip stocks and 20 billion going to INTC for advanced chips (all of which need temperature control (DELTAS's high margin product) the trough of earnings is upon us and the peak of earnings always comes at once. It a safe plan to buy your max shares in the trough, as the turn is only months away.

Semi's lead the chip top in 2000 and it happened in great volatility-all within a 14 month time period. It interesting to note as that explosive distribution top took place, breadth dwindled, and advance/declines actually diminished.

You aren't cheating your just assuring a winning hand. LOL

Bob