Replies to post #5591 on Savvy Trades and Investments

[hweb2]

Nice bounce on AMKR! cliffvb mentioned AFOP rebounding today too. Maybe it's just the markets getting frothy again...and looking for higher beta names that have been beaten up recently.

[abh3vt]

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.