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Himax Technologies, Inc. Message Board

  • stocktraitor11 stocktraitor11 Jul 24, 2013 12:07 AM Flag

    $261.8 MIL in trades yesterday, $214 MIL in trades today

    Let's face it people. No idiot on a Yahoo message board has a 1/2 BILLION dollars of spending power. What is posted here...whether you'e long or short... is pointless drivel. These are mutual funds and hedge funds buying. They don't buy with the expectation of losing.

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    • I suspect some of these were Market Makers selling back and forth to control prices and hit sell stops to accumulate shares for their favored clients and themselves (own inventory).

      But, I agree with your thesis in that many people and institutions want in at this price and they are expecting to double the price in two years or so.

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