SwingTrade Member Forum

[Rawnoc]

For two reasons we've been selling INTT....

(1) We like KLIC better as exposure to the chip industry. Similar potential but KLIC far less risk.

(2) We're stupid.


That said, I still own a small position in INTT and recently said to about it to somebody who asked my latest thoughts on INTT:

They had very bullish comments in their last public statement, but the chip industry in general is giving mixed signals. INTT at this price seems like a good risk/reward for say a 50% move over the next year vs the risk a 50% decline, I think the odds are very favorable for the long. The wild card is things turning around for the economy and/or the chip industry then INTT will prove to be a screaming buy in hindsight. Unforuntately I don't have much foresight at this time at least until November 2 then I think economic confidence could change fast. :)