Retail, Wall street knows HIMX as well. I had always pegged GTAT to surpass HIMX, but not this quickly. Glad I have large positions in both.
Kneshevich, Long from $1.82 (traded it frequently the prior 2 years) .... Owned the company for the sound fundamentals of the balance sheet... Trades simply allow me to get more shares for basically nothing. Like Has and his options.
You are correct at the possibility of "news out of the blue". Any item could break into the marketplace soon. Very risky to play this only as a trader.
You are not in this for the last 4 months. Rather, the next 40. And they did NOT just start getting into Saphire in the last 4 months.... It has been nurtured since it's infancy by GTAT...
From your posts on the google board, this type of FUD should be expected from you. HIMX is MUCH more than simply glass. Tthe investment from google is simply icing on the cake.
Do yourself a favor and invest here... Min 23.75 by year end is a pretty healthy uptick...
Since December 2nd, float has traded 3.36x (float is 139.5M shares). Average price 13.25 (Using the closing price times daily volume)
Since January 2nd Float has traded 1.92x Averrage price 14.01
From January 28, float traded 1x. Average price 13.94.
My take, this has been a nice consolidation period in support of the Dec 2 to Dec 31 share price uptick. If history repeats itself I believe we will trade nearly flat between now and end of Februaly- Mid March. At that time, the 1st quarter 2015 will begin being priced into the shares. This pattern was not seen in Q1 2014 for the simple reason the stock got ahead of itself (year end window dressing pushed the stock to where it would have been at the end of Q1 2014 early)
From what I've calculated, the stock tends to trade at ~25x forward eps.
Thoughts and opinions encouraged. I fully realize this is a simplistic manner of looking at it, but it has worked so far. I plan to take advantage of the trading between now and then. Mid March, I will buy some to hold through earnings. All of course letting the core position ride.
Sentiment: Strong Buy
Omnivision's 2015 EPS is forcasted ~.30/sh less than 2014...Does not make it a compelling buy in my book.
Doesn't matter where you stay. All are within close proximity. Personaly, I will be staying where I know everything will be comped.
Shouldn't simply be a buyout that triggers this. How 'bout $25/sh as well..
Nice reminder... People just nee to be patient. It is all a game. Learn the rules and profit.
I would put a better chance on that.... Nothing is guaranteed.
A lot of patience is needed for the next couple months. The large jump from beginning of Dec to now has created the need for a larger consolidation interval;... It will play up and down staying mostly flat for a bit.
The author did a good job calling out the recent consilidation. This is good for the short term. But will provide little help today. Too much at stake with the options contracts. The recent pattern with options expriatiion has been to basically let them expire as expected in non-qutr ending months.
The last 2 qtr ending months (dec and sept), the share priced has been pushed higher.