Replies to post #52686 on Savvy Trades and Investments

[value1008]

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...