Yes, that is how analysts play the game. However, using your same rational and reasoning (Sounds like you are almost calling it dead money currently) one would have missed the ~quintuple in price over the last year.
The theories posted on the board have been from reasonably acute individuals. So far, their track record has crushed the professionals. The discussions are not confrontational unless one makes them so. No one theory is 100% correct. If certain posters would put their ego's aside and learn not to contradict almost everything these "unprofessionals" say, There could be more $$ to be made.
Currenlty, the forward information is good enough that the share price has exceeded the "one year" expectations consistantly. The analysts are almost being forced to issue updates to their price targets due to the continued price strength and stream of positive developments.
Not something I would want to be on the wrong side of right now.
Lycos, your insights are thought provoking, and can't say I disagree. Common sense says a stock that goes from $3 to $17 with the large short interest not really diminishing... good lord, a run like that should have bankrupted every short. There is another answer.
Looked at micron last year... Wish I had pulled the trigger.
Looking forward to a new basebll season myself. Red's fan.
Hash, if patterns repeat, we will see a new base for HIMX in the next 3-4 weeks in the mid 15's-low 16's. This always seems to add 10-15% and rebase prior to the CC (based in the high 13's for a while now). I do not expect this to be any different this time. You are correct the real move for the ear will be 2nd half of the year.
As for GTAT. Friday's preso knocked it out of the park. I've been a holder there for several years. Well, a trader;). The markets for the new products are significantly larger than HIMX. Their technology is second to none. For both HIMX and GTAT, I see little to no downside risk (excluding the "bumps" in the road all stocks suffer. Thank you MM). GTAT could very well start trading as a "tech" company for multiple. Ironic that HIMX IS the tech company but not treated like one.
I need to re-base my holdings. WAY too heavy here. Looking to reduce the HIMX core and add to the GTAT core. For GTAT, I don't see 50-60 as out of the question by 2016. TG is a great sandbagger.
Will also add to PXLW. Apple does not spend 8.3M for a production run. Especially on a Contract with milestone payments. Reaks as system integration work. (let's not forget, the smarts for retina are provided by samsung currently.... )
TPCS was a risk worth taking as well. cheap shares, if something happens negatively, I can afford to lose some. Added DLIA for the same reason. ARIA my 3rd pure spec (past thinking of PXLW as "pure" spec. There is substance there.) just had a fantastic addition to their board... Trained by Buffet himself...
2014 is shaping up to be better than 2013 so far....
Why the thumbs own... What was said was corect..
This will soon be viewed as a "tech" company and earning that multiple... IF any of the dots going back to Tesla are eventually connected... LOOK OUT.
It could very well drift there. Even if it does, it is not all bad. The new price consolidation point is much higher than it was.
Yep, that is why it trades in they cycle it does. Runs up through earnings CC, usually starts about 2-3 weeks prior to quarter end. CC happens, news tends to support the current price position and iot drifts at a new consolidationpoint for a couple months...
Wash rinse repeat....
LOL... Sal is tenacious... As for Hasch, he has been busy. Even took a couple trips to Mesa to check out the new GTAT/Apple facility and it's progress. It was a good read on what he saw.
If you are not in GTAT yet, even now is a great entry point. If you thought HIMX has potential.... I say that as an investor looking to 2016 and beyond. Fortunate to have large positions in both (for a retail guy...) The presentation by TG (GTAT CEO) was incredible yesterday. They have many irons in the fire and the fire is about to explode.
Will be interesting. You can bet there are analysts at the firms covering GTAT working the weekend trying to model the information TG gave on Friday.
That was a masterful presentation... Enough information provided to leave everyone wanting more.
Exactly..... Perfect summary of what , IMHO, I believe is taking place.
I have an "in" at the lager house... Hell, we've already scored pretty well with HIMX. Celebration can happen any time...
Yes, the game was being played in San Francisco. I was living in Fresno at the time driving home from work. The car shook pretty good and that was 150+ miles away.
With the possible customers, and their expertise, you more than likely would see customer "financed" contracts. Easy enough to do. Milestone payments. the risk you mentioned is far down my list of obstacles.
NO, N. KY here... No way I would live in Ohio!!!
Enjoy the weekend. Holding long and strong here. Liked everything I've heard from PXLW so far... I think longer term this is a winner. The Apple tie in was a systems integration Deal. There are legs here.with this one. It is about patience.
I believe 2.88M shares were associated with "short activity". Not necessarily shorted. The activity includes covering as well.