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OVTI - Ripping Today
- Thread starter abc3
- Start date
Quote from ES335:
Things seem to be turning regarding their yield problems, which explains why they grew margins q/q despite declining prices q/q for their sensors. The cam phone market is hot for at least another quarter so some momentum there, but let me ask you, would you invest in a company seeing declines in its margins in 06' and 24% top line growth in the face of ferocious price competition?
Ex their $5 in cash, they trade at 13-15x, so not egregious, at most i see a push to $24. Would rather buy at $20 with a tight stop, looking for $22.
As anticipated, $20 was a better entry price, but I'm glad to see that you're holding on.
As for the prior post, i have no idea what this guy is talking about, lol
Thanks ES3..
I just revived this thread so that people can pass some good or bad insights on this stock. It would help me to determine my exit. Always good to have a second opinion.
Regarding Chaqi's post, I Just ignore these kind people passing useless comments. It's my money invested and i need to worry about my losses or gains. If you have anything good or bad to say about the stock say it or else piss off.
This Board is ther for discussion and I believe I used dthe right section (Stocks Section) to create this thread. I'm not spamming this stock all over the board.
Nowadays ET is becoming like Yahoo Message board with lot of crybabies fighting among themselves with good for nothing comments.
I just revived this thread so that people can pass some good or bad insights on this stock. It would help me to determine my exit. Always good to have a second opinion.
Regarding Chaqi's post, I Just ignore these kind people passing useless comments. It's my money invested and i need to worry about my losses or gains. If you have anything good or bad to say about the stock say it or else piss off.
This Board is ther for discussion and I believe I used dthe right section (Stocks Section) to create this thread. I'm not spamming this stock all over the board.
Nowadays ET is becoming like Yahoo Message board with lot of crybabies fighting among themselves with good for nothing comments.
This has more room to the upside.
Looking at the strength of this stock I agree that this has more upside to it.
Looked at Micron's 10Q yesterday which confirmed the demand for image sensors is hot right now. So the outlook looks good for OVTI as well.
However, I took 25% off the table today at 24.2. Will add some more if it revisits 20 day moving average.
In december, I set my exit target at 24. But now looking at the strength of the move, I have revised my exit target to 28-30. Will achieve my target hopefully Late Feb-early March if the Company delivers another strong earnings which looks like it will.
My other stock KOMG is also doing well. My taret was 40. But today it broke out to new 52 week high with good volume. Will hold for a little while with stop loss set at 40.
Got out of DECK a little bit early at 29 in Mid December and took a small position in GGC at 30.25 during the same time.
Looked at Micron's 10Q yesterday which confirmed the demand for image sensors is hot right now. So the outlook looks good for OVTI as well.
However, I took 25% off the table today at 24.2. Will add some more if it revisits 20 day moving average.
In december, I set my exit target at 24. But now looking at the strength of the move, I have revised my exit target to 28-30. Will achieve my target hopefully Late Feb-early March if the Company delivers another strong earnings which looks like it will.
My other stock KOMG is also doing well. My taret was 40. But today it broke out to new 52 week high with good volume. Will hold for a little while with stop loss set at 40.
Got out of DECK a little bit early at 29 in Mid December and took a small position in GGC at 30.25 during the same time.
Quote from abc3:
Always good to have a second opinion.
Even better when you provide your own second opinion, isn't it?
Regarding Chaqi's post, I Just ignore these kind people passing useless comments.
And yours are useful?
Nowadays ET is becoming like Yahoo Message board with lot of crybabies fighting among themselves with good for nothing comments.
You are absolutely correct, but not for the reasons you think, how ironic.