Dave Dull, can you refresh my memory? Is this the same jctuttle who sold at $16 to buy back at $12? I hope so, because every time he appears, OVTI goes up strong!
Non conforming agitators that go to china for things like that tend to disappear permanently into their gulags
blew my load too early today, 27.50's but still a roughly 10% return if it closes at 29, or 25+% if closes closer to my prediction.. 29 wont be the final offer ..
I can understand leaving a little bit on the table but anyone selling here is leaving their arss on the table!!~
OK...Notsohotso... Sold earlier today at 27.80 while watching stock fall on low volume and __lots__ of fake bid--170K, and falling like a rock. Wondering now if this is a pump and dump.. I'm not an expert on Chinese securities law :-) ! I still think the stock is a deal at 27--$8 per share in cash, 16 trailing PE, patents etc etc.
Boy does your name suit you after that reply. Management awards all kinds of stock options, then uses company cash to buy back shares. What a scam!.
I'm buying $27 and under. Of course the deal must happen but I still think I read $29 in cash. When the machines flip to reality this will be back over $28 quick.
they may take in the low 30's though, what do they really care about the price of the stock, they never have. To them they would be happy to take 30's and keep growing the company.. Their payout will be huge. I think they take 30+, investors express jubilation the saga of owning OVTI for years will be over, they take it private back in the motherland, and some will walk away and let Hua grow it to that elusive next level OVTI mgmt. has never been able to achieve..
01/24/2011 11:53:40 AM The analysts of Robert W. Baird & Co. Incorporated have rated OmniVision Technologies with a Neutral rating. The price target was set to 34.00 USD. At a current price of the OmniVision Technologies stock of 27.93 USD this means an upside potential of 21.73%
If you think 2%-4% is worth it, you, can park some money here and sell at 29 pretty must a given.. IF you think they will draw a higher premium, then 4%-10% is in play here for your money from here. Down grades are expected since the stock is at a selling price, doesn't mean it will start going down though, just gives us a chance to get another trip to the well before it's final. Probably going private.. .