Historically this Q should be very strong for the company, yet not one sales announcement to date. A very worrying sign, yet we have a share price that is making multi-year highs on decent volume. I'm not sure where this is going, but it will be interesting.
How can you blame selling shares for $8.50 for the $7.00 share price? You are in effect buying $8.50 in the bank for $7.00. The drop in share price was purely in response to their week guidance they gave with Q1 earnings release. Theoretically it should of even been worse (deeper into the $6's) if it weren't for them selling shares at what is now WELL above market price.
Even though they have announced no wins in this Q so far ( which is a little worrying), CEO sounded very confident on CC.
I feel the stock is pretty fairly priced at this point. WHEN they show the ability to start winning $5M to $10M+ contracts then we will be off to the races. And it will be dramatic because we've seen when revenue goes up it just pours down to the bottom line, but we're not there yet and the truth is that the potential for them to make this step up has been there for years and we're still waiting. I'll just keep hanging in there looking at this as a truly long term investment with a several multiple return possibility from today's price.
I don't see the logic connecting the selling of shares at $8.50 causing the stock to drop to $6.50. In effect you're now buying $8.50 in the bank for $6.50 if all else is equal with the company. So maybe not all is equal with the company.
You either have to point the finger at guidance given in last Q's PR or some non-publicly released goings on. We'll find out next week I guess.
The last few months have been disappointing for sure, but I still see this as a very solid long term investment.
You know EXACTLY what I'm saying. After you're done with your weightlifting gains why don't you spend some time hanging out in the locker room or a men's room? Explain to those people you're not afraid of their big brother scare tactics!
Officer " sir, can you explain why that young man is curled up on the floor holding his stomach with his glasses wrapped around his neck"? Bar patron" when my girlfriend bent over the creep snapped a picture of her with a camera on his glasses". Officer " that was a understandable response sir. If your willing to sign a statement I could talk to the DA about filing sexual predator charges". Patron "it's not necessary officer- I think his picture taking days are over with". Officer " enjoy the rest of your evening sir".
2000 people? That's terrible.... it should of been 10X or 20X that amount. It's a curiosity. After you use them for a couple hours you realize it's just plain stupid and annoying. If you ever see anyone wearing glass ask them one question "how long have you had them" I GUARANTEE the answer will less then one week.
I don't understand this nonsense about a dividend. People act like it's some sort of free money. It's a transfer of money from your shares to your pocket- that you are taxed on. If you reinvest your dividend it's exactly as if you got no dividend and the money was still held by the company, except the tax you pay. The value of your himx shares is the same before and after the dividend if you reinvest, except again the tax bill you get stuck with. There is no free lunch.
You've been living in a cave the last year..... or some yahoo glitch has just posted a post you made in the middle of 2013. People cheered it until it actually got in people's hands and here we are today- DOA. It will never be released.
It exists, but nobody cares. They get worn an average of 12 hours before then end up gathering dust in a closet or nightstand. Anybody ever seen Jack Hannah wearing his a second time? After a few hours you realize this is plain stupid.
Well, I've actually read the pr and some of the M sole supplier logic is understandable. But as the RWC VP says, a big chunk of that contract could be opened up to other vendor bids. I'm not sure he did RWC any favors with terms like "mismanagement" and "digging themselves in a hole". Doesn't seem like it would help you win over customers.
What would you have them say? They're cryptic message of a year ago about being involved in numerous projects has resulted in..... One customer with a major inventory adjustment. End of list. A commodity supplier of generic components whose moment on the pump and dump stage has come and gone.
That makes no sense for so many different reasons. But it really goes to the problem that I've never understood in all these years; what is this iron grip that M has that can get customers to pay 50% more for their comparable products. I don't mean once in awhile because the salesman is a golf buddy or something, but the vast majority of the market goes with M. Those that go with RWC stick with and are repeat customers so I know their products are good, but why is it so hard to get a M customer to go with RWC? This interoperability is supposed to mean the different manufacturers products work with each other, so that roadblock should be behind us. Why do all these dept.s and purchasing agents bend and twist the contracts to make M come out as the vendor of choice. There has to be a reason because it's the rule, not the exception.
It's clearly a two steps down, one step up pattern.
The fundamental reason is that for all the big promise of 12 to 18 months ago the company has zero to show for it, and I mean zero. As of today they are the same commodity company that were at $1.70/sh.
On the market psychology side; there is still too much optimism and the ironic truth in this situation is the stock will continue to fall. To reverse this will require a move of capitulation- which means a good 20% drop. Only when optimism is crushed and everybody is screaming lawsuits can this bottom and build a base for a recovery.
That would be really nice. I still want to see these guys deliver a big contract this Q.... then it's off to the races.
Well that's one way of putting every purchasers exit plan. So privet buying more all the way up to $4 would imply they expect maybe $7? They know as well as you do that their bag of shares will weigh heavy on the price. They're only hope is a significantly higher price and volume- they seem to be standing behind that belief with these ongoing purchases.
Really it's just very negative feedback goog has gotten from the public and the app development community. You're correct in your conclusion that goog is quietly burying glass but your convoluted theory is silly.