At one time this was a good board. There was no Short Squeeze. Less than 2% of the shares out are short. This will be moving past $8.00 soon. There is some serious strength in this stock and they are right in the middle of a transition of products that fits really well with trends.
Sentiment: Strong Buy
The 2% short is old news and I will be curious to see the number as of yesterday (15-May) as that should get reported within 2 weeks. Then, we will know if there was much of a bear attack.
But, HIMX has a lot of positives going forward. They will start the first of their 5 investor's conferences next Monday. By the time those are ending, they will be announcing the July dividend which should cause some short covering.
But, with the chart pattern, I do think the strict technicans who do not look at the fundementals may try to take HIMX down...............and then there are the day traders.
Just buy and hold and watch as HIMX will report their 2014 financial year in Feb 2015 and it will meet or exceed $0.62 and be a 40+% gain over the $0.42 earnings per share of 2013. As such, we should be a double in 2 years. That is the prize (along with future guidance from HIMX) where I have my eye. The rest is daily drama.