I often wonder about analysts timing of up and downgrades. Often there is no news and change direction for no apparent reason. In this case, the acquisition was just announced so maybe they are bullish on that.
This must have been the reason for the recent price strength. I now doubt for any surprises on the the LTE front but it would be nice.
Of course it could lead to a stronger longer term chart. How can a strong long term chart not be preceded by a short one?
The only selling I have seen were partial amounts of his options which was probably to cover some the tax expenses unless I have missed something.
Yes, it looked like a good Q1. I was hoping for that since the backlog reported in the year end report looked strong.
Yep, you have been saying that for a couple of years now. You have no credibility.
This reminds me of a company GLPW that I bought some time ago. (This is not an endorsement). It came out of bankruptcy as a restructured and profitable company. However, it sold under a buck and wasn't listed. They did a reverse split and got themselves listed. The low valuation solved itself with a nice price rise in the shares.
That is a good question. If this market guru really had a product, it wouldn't be peddled on the internet. I have worked with multiple artificial intelligence systems in the past with a prominent economist and I am well aware of their capabilities and limitations. As far as having any sort of insight into the situation of HIMX other than repeating rumours, I would say forget about it.
Yes, management was very defensive to the point of being rude to some very polite, well intentioned, and nicely presented questions.
I don't need Genworth telling me that the average american doesn't know the cost of long term care when they themselves obviously don't know either and got themselves into this mess. I am not impressed by the photos and snippets of their experts who obviously don't know their head from their but wholes.
I don't know what got it started, but don't underestimate the affect of the IBDs (Investor's Business Daily) recommendations and ratings. They are followed by some serious momo folks that spike a price up sharply.
I wouldn't brag about being out of the market since 2009. You must have gotten out near the bottom and missed a nice run. I understand your concerns about the market and there is always something about which to worry. However, one cannot compare SIMO of that time to the SIMO of today. Much has happened with the growth of new products since then. The transition was not just due to market forces but rather investments in product development that have paid off.
Try looking at the financials. Try looking at the business prospects. Try looking at the valuation. It has nothing to do with the market.