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Technology Stocks : Cohu, Inc. (COHU)
COHU 15.27+1.6%Oct 21 4:00 PM EDT

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To: robert b furman who wrote (6677)5/22/2019 12:43:35 PM
From: robert b furman1 Recommendation

Recommended By
the longhorn

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Gap up from the day after earnings (started at $ 15,56 has now been filled for 3 days).

The volume on the gap up day was 2,228,108, so far the volume of the 3 days was 485,392.

Monday = 287,849
Tuesday = 15,3571
Today = 44,342

Volume each day is declining rapidly.

Market maker wants to get some cheap stock back in inventory.

Time to meet him at the discount window!

Will he have to revisit 14's?

I don't think he wants to - it takes giving up too much stock to get the price that low.

If he does , I'm selling $10.00 and $12.50 puts for premiums (greater than the annual dividend and takes half the time period to earn it) What's not to like?

Would I like to be assigned Cohu shares at an average of $10.55. Hold it for a year and get a two or three bagger - yes I would!!

If not , I'll keep the money

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