Looking at the complete intraday chart and factoring price/volume - average appears to be around 4.60. Not saying that means anything but another interesting way of viewing the activity. With some exception major block trades were going in at 'highs' and 100 share trades led the 'drops'. I am sure I am not alone in just not being use to this kind of 'day trading' activity with this stock and I actually look forward to a return to normal. What paid 'posters' from both sides fail to realize is the actual strength of this company. Google-Smoogle -- HIMAX was poised (with next week's confernce especially) to do good things. It has been perpetually 'undervalued' and at 4.15 still undervalued. With no debt, an aggressive share buy back, dividend, a conservative forward PE of 15 - 1 would mean about 5.70 a share (and that's a 2014 low end .38). With major 'tech' advantages we see the reality of Mr. Gomes predictions earlier this week. For now, it is not a double digit stock nor is it seriously a sub $5 stock. Again, I will be glad when we get back to normal.
expect estimates to be revised upward regardless of goog and i would agree there is value w/ or w/o goog. in addition to revenue though, goog contract aims to add more legitimacy to this asian company. while not chinese, they still suffer a pe penalty for being taiwanese and not american.