Stocks like this always go up much higher than warranted, and then when they fall, they often overshoot the mark on the downside as well. If the market really tanks between now and September, this could go below 5 easily. No one could predict the exact bottom, but I'll guess $3.70 sometime in July.
Everyone knows the Israeli Military has intertwined connections with the US Military.
What happens to this low float stock if the US Army decides it wants to deploy DPW's LVPS system?
Whatever might be going on here, we probably won't know anything until the next earnings report.
As someone who has been around here a long time, I can say that the company only very rarely puts out any PR releases.
Something might be happening with DPW - a stock I own but that almost no one follows.
There's big buying today without any news. Maybe something is going on there. Who knows?
The stock hasn't done anything for a long time - maybe its waking up now.
Do your own DD before buying it, or any other stock, of course.
you often see a 50% retracement after a big runup. HIMX moved from the low 8's to the low 15's in less than 2 months. It could be expected to possibly sink to the mid 11 area, although if the market tanks, then who knows. I also think the guy who mentioned 11.50 as support had these thoughts in mind. JMHO, and good luck to all.
Who is being taken to the woodshed today?
Looks like it's the dumb shorts.
Of all the stocks out there you could short, this one is about the worst pick you could've made.
Just wait a few months when you'll have to cover at $15.
With this type of action, on big volume, I think there is probably some news out there that we will find out about in the weeks to come.
What is also likely happening is that the MMs, after a month of holding this in a narrow range in the low to mid 9s, are now letting it loose. We could see a nice runup between now and New Year's.
Still, anyone selling their stock and cashing out will risk potential big moves in the coming year.
I still believe possibly the best thing to do with a stock like this is just hold it for another year.
We could see it hit $30 sometime next year, and maybe twice that the year after.
JMHO, everyone do their own DD.
Everything I see conforms to this notion. It is being lowered each day in an orderly fashion, as the Big Boys accumulate shares.
"Buying on the dips" is the way to play this stock.
I'm now fully loaded up again, after cashing in for the third time this year a nice profit.
I am not sweating next week's earnings. I think what's more important is the guidance, which I believe will be positive.
This stock is a "story stock", and the story is so good, we're in a real sweet spot at the nexus of the Next Big Thing.
My plan now is to hold well into next year, when I fully expect we'll see some dramatic upward moves.
JMHO, and GLTA.
Maybe I'm wrong, but I think it's cheap at this price, and I think $9.50 is about as low as it will go.
Just too much upside long-term. Next year this baby should be in the teens once Glass launches.
CIMT has less than 10 million shares total, with a float of 7.5 million shares.
So really, for a very profitable, well-run company with a long track record in a key area of tech and manufacturing, there are still a pitifully small number of shares out there.
On news or positive outlook, this could move much higher.