Friday, August 17, 2018 10:42:01 AM
UCTT - this stock has faked out a lot of people. I notice that the articles about UCTT over at S.Alpha -- all of them behind the paywall 
-- show two guys writing a shortseller's thesis back in late Feb. and early March 2017 when stock was in $13s. They and any fellow shorts got smoked when it zoomed to $34s last Oct.
But then since Nov. 2017, three longs have written bullish pieces about UTCC and yet the pps has tumbled down steeply since their articles were written.
So stock has gone from a trailing P/E of 40 in March 2017 to P/E of 5.7 now? Doesn't make sense....
Looks like a buy, though, down here, for a longer-term play. I put in some bids at 12.51 level just in case markets fall a bit on trade/tariff woes...
-- show two guys writing a shortseller's thesis back in late Feb. and early March 2017 when stock was in $13s. They and any fellow shorts got smoked when it zoomed to $34s last Oct. But then since Nov. 2017, three longs have written bullish pieces about UTCC and yet the pps has tumbled down steeply since their articles were written.
So stock has gone from a trailing P/E of 40 in March 2017 to P/E of 5.7 now? Doesn't make sense....
Looks like a buy, though, down here, for a longer-term play. I put in some bids at 12.51 level just in case markets fall a bit on trade/tariff woes...
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
