This is going to be one huge short squeeze this week -- I knew HLF earnings would be solid, but they absolutely crushed estimates. Shorts are totally screwed as HLF is demonstrating stellar global growth. Those Chinese sales numbers are seriously off the charts!!! The amazing thing is if your a short, you still have time to change your position this morning and go long to make up your loses -- HLF is just starting to take off -- I may take a little off the table at $75, but holding long until $100. I've been in HLF since 07, one of the best performing stocks in my portfolio, love the growth, dividend, and steady leadership of management.
Similar to HLF, Silicon Image SIMG has been hugely oversold and into increasing GROWTH!
SIMG reports at the close today.
SIMG owns and licenses rights to MHL and HDMI both of which are standards in High Def mobility. Samsung has adopted across their entire platform.
Samsung Mobile High Def (MHL from Silicon Image) is HUGE in Korea http://v.daum.net/link/31456698?&CT=ER_POP
All enabled by micro-cap SIMG Silicon Image (reports tomorrow):
The SIMG chip is also in the Samsung Galaxy S3 (sells 10 million units per month):
View either thumbnail #51, #52 or #58 to see the Silicon Image SIMG chip in the Galaxy S3:
Slide #58 is connected right to the USB port to support MHL (Mobile High Def Link). The same is going into smartphones throughout Asia: several in China (Huawei is one) and Taiwan (HTC is one)!
SIMG traded at $4.40 just two weeks ago then the shorting began.
Back to $5.30+ after earnings!
The short SQUEEEEEZE begins now! Those who don't cover, get hammered tomorrow.
Get ready for unrelenting upward pressure throughout the week -- heading to high $70's sooner than most realize. I'm not pumping, just objectively looking at the low current valuation of HLF and huge short squeezze about to happen.