Sat, Jul 12, 2014, 5:25 AM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

OmniVision Technologies, Inc. Message Board

  • auagboy auagboy Oct 25, 2013 4:07 PM Flag

    Trading like DO before eps

    Do was in down trend before eps. stock missed by a mile on earnings. there is a reason ovti lagging.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • What a coincidence. I started a position in DO after their miss yesteday in the 60.0x's. Crummy quarter but a lot of their problems like OGX default already known. DO shaping up to have a very good 2014; bunch of good new contracts and newbuilds coming online and fewer surveys. Also a 6% dividend going ex-div next week or so(87.5cents) and good chance they'll raise that next year.

      Not sure I'd compare DO to OVTI though. The offshore drillers are a much more stable lot and all of them have received downgrades these last couple months. This too, is buy territory for OVTI I think and I added a lot of shares today but holding back for lower 13's/12's as well. OVTI is an extremely competent player in an industry with very strong growth for years to come and their BV is too cheap. If the price gets much lower I wouldn't put it past OVTI to do a big buyback like they did a couple years ago on the cheap. Knocked out 15% of the float in one fell swoop with that one.

 
OVTI
21.85+0.47(+2.20%)Jul 11 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.