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S&P 500
5,304.72
(
0.70%
)
US TECH 100
18,318.00
(
0.95%
)
Dow Jones
39,069.59
(
0.01%
)
Brent Oil
81.97
(
0.00%
)
Bitcoin
69,111.27
(
0.85%
)
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abh3vt

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abh3vt

Re: researcher59 post# 5591

Friday, 10/31/2014 1:48:22 PM

Friday, October 31, 2014 1:48:22 PM

Post# of 113276
R59, the move on AMKR is likely tied to the rally in the semis that is across the board. My guess is that its short covering primarily, with some speculative longs taking a position that the sell-off is near its end.

AMKR's last report was not great vs expectations, and until we get some visibility into FY15, by guess is that its close to FV here in the 6.50 - 7.00 range.

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