You don't want this stock to go up when the div is due next month. Money people will sit on the side lines before the x-divvy day and buy right before. If they bought now their yield from the divvy would be ate up in a correction that normally follows a divvy pay out. Its just how the game is played is all. Relax, this is a 10 dollar stock.
I have been saying this since April. its but the shorts are degrades bring this down. Now you can see it better since volume is lower. The shelf offering and innolux was diversion. Himx is all for it! Listen CC call. Jordan Wu is ask about buyback.he states they couldn't because of frenzy increase share price. Frenzy is keyword.
I keep seeing someone hit the bid with larger share counts looking like someone trying to trigger sell stops........which can be a buyer as well as shorter. I suspect buyer since shorters should be covering with the $0.25/share dividend coming up and then earnings.
Short interest should be posted sometime after close on the NASDAQ site to 15-June.
Do your research innolux and Himx have been in bed with each other way before innolux bought Himx shares.executives from both companies were intertwined and still are boards and so forth. In 2006 the both defendants together in case. B. Wu Himx founder used to be innolux director and is on board. Prove me wrong!