No, it does have legs (IMHO). Stock specialist is simply over enthusiastic. He is "spamming" the pxlw board... In time he will realize that make him look bad.
My strategy in the market from 2009 (the year I started handling a small portion of my investments.... damn 401k...) has been bottom feeding. Up 300%. I liked what I saw in pxlw. Took a small 5200 share position. If I win I win. I started in himx at 1.90. Watched it go to ~1.00. Sold in and out several times...
Takes some guts some times... (but always have your "key" factors you look at when doing your DD)
Define expensive? The biggest quarter of the year is right around the corner. Chinese holiday. Christmas holiday. Know anyone who might buy a phone, TV, display or tablet?
Yeah. Might want to zip it there. Oh by the way, Google gets to buy another 7% of the company. I think they might buy 93% more.
If anyone knows anything about tech the last and first qtr are usually the best qtrs. I know I am not selling unless I want to lose out on Capital gains. Stocksspecialist what rock did you slime out of
Boy!!!...what are you on? ...no doubt you are pumping a stock that once had a high of $49. Those loses are ugly, aren't they. Best you find another board to do your pumping,because it's not going to work here.
How about owning both like I do? I see PXLW as more speculative.
As a GROWTH play, HIMX is NOT expensive right now. If you're using current eps/past performance as a guide maybe, but that's not why most of us are Long HIMX.
Long HIMX at 2.26, 6.06, and 6.66
Long PXWL at 4.05
How much of PXLW price do you think is due to Mark Gones recommendation..........and people following his recommendation due to his pick of HIMX???
I respect Mark but I think PXLW is up more than just a bit based upon people buying it due to his success on HIMX and other selections. PXLW may be a winner but it would not be at the price it is today if it were not for Mark...........and HIMX's success leading people to follow Mark's picks.
Having said that, there may be future prospects for PXLW but I chose to keep my money here. And, I am here very long and strong and HIMX has outperformed PXLW over the past two months, past month, past few weeks and even today.
I also have a double in GTAT since June and 60% on TQNT since January and 25% over the past 6 weeks on MU. So, I have to go with my instincts and ability to research. And, my feeling is that PXLW has a Mark Gomes premium on which I don't want to pay.
Now, if Mark posts another pick I like, I may buy...........but would want to buy before most of his followers who will drive anything up just on his recommendation.
I also hold both.. PXLW is more of a speculative play for me. Only 5200 (@ 3.98) shares, will add more if trend continues.
Telling people to Sell HIMX to buy it is terrible advice. If you can afford to buy it do so. HIMX is not something to sell right now or for the next 12 months at least
It is possible to have both without selling one or the other. I have both and really think PXLW, while not as strong as HIMX, has a good growth opportunity and room with the current price to sustain growth.
PXLW is expensive on a price per revenue and price per earnings basis. They are a total play on some future contracts.............which may or may not come. They also have competitors.
Most of the gains in PXLW is due to HIMX and Mark Gomes who I respect. But, without HIMX being such a big winner and Mark, I think PXLW would still be $3.50 or so.
I agree - very speculative play. Hard to value the future contract at this point - they look like they have been working towards something big for a while now, but who knows what it is worth until they announce the deal. If they don't meet their aggressive target for the upcoming quarter and come out in the green, the stock will take a temporary hit, same as HIMX did a month ago. HIMX different breed of company and a safer play - everybody could see they earnings growth long before Google Glass.