What I don't understand are the thumbs down to the question. One of the better questions I have seen for a while and I'm sure there are many that wonder the same thing.
Mg, that sums it up... What he is missing in this amba discussion is that based on his hard fast rules he never would have invested in amba. Microcap back then with "xx chance of bankruptcy". EXACTLY like HIMX was when you and I invested...
Jeb was right on looking at the MFI for this stock. He interprited it incorrectly... Again due to his strict way of looking at things. Run a chart with a term 3-5 years. Look at the MFi low points. What did it do after these each time. It means different things based on how the stock is being traded and the fundamentals behind that trading. Hell I missed it to. Actually never looked at the mfi, only RSI before Jeb brought it up.
I'm not saying he is wrong for the hard fast rules. He has obviously been burned a few times, I know I have.... It is all in the individual levels of risk an investor has...
SMT, they do not need the capital now... The conferences are attended to raise awareness in the company to the capital markets in an attempt to gather interest for longer term investment. Higher institutional and fund holding removes the volitility from the share price. Fewer shares available to play games with the price. More support.
Management is heavily invested in HIMX and a higher share price benefits them as well as the rest of us. Defends against hostile takeovers as well.. That is not to say raising capital is not in the back of their minds. Currently that is far down the list of why they attend and present, but if a need arises, better to raise at 20/share than 8/share.
There is also the stability side. HIMX can get the story out there regarding doing business with them. Customers do not have to worry about their vendor "going out of business" and possibly interrupting a key supply chain. With stocks trading sub 10, that is a concern for customers.
The conferences are PR where they can tell their side of the story compared to the "stories" being put out there regarding them.
Big is using more words lately... LOL. There has been a great pattern... Simply tough to find. 2016 is the year HIMX gains a strong foothold. I really thought there would be a pullback. Still do. Stops have not been taken out since the 3 day consecutive lows of 7.57, 7.58, 7.57. Tomorrows open will be interesting. My gut says headfake up and take out the stops. I had hoped to pick up more in the 7.50's. Not sure that is going to happen.
If HIMX offerings are as leading edge as they say, good possibility we are in Apple. Disounting Apple, the balance of the customers provide a good "new" base for the new SKU's. Even a miss for guidance in the Q2 CC affords a good buying opp for Y/E 2016.
EJ, my opinion is also the actual earnings will be a non-event for the Q2 share price unless it is a miss. The estimate is well known and it is lousy....
The focus is on the conference call and any info that can be pried from Management.
If the interpretation of the CC is more waiting, then Jeb's scenario kicks in.
If the growth is forecast to start kicking in (or has during the 30+ business days since the end of Q2 when the CC takes place) HIMX will continue to climb.
Good obsevation. Look to the BofA moves in the same timeframe. Same pattern... Look at the MFI over a 2 year period... shows the same pattern. No single item is by itself a determining factor, but hard to ignore the patterns when they are taken together..
Oh, You've heard of it... Just not comprehended it...
Hasch, The problem is the next 25 days or so of the price dropping off the 200... the 200 will be moving down... Our little spike here seems on track to keep the 200 relatively flat over that time frame. Would be nicer if both were moving up at the time...
HIMX peaked on 1-28 @ 9.26 last occurance (1-29) . Problem was the 200 continued down slightly from there, almost flat.... Almost 5 months of flat.. The peak from the google anticipation last Oct is in that next 25 days...
A covered call is where you already own the shares that could be potentially "called" away. Hence, you do not have to go out and purchase the shares to deliver. A naked call is where you simply sold the calls and hold no shares. In that event if they expire in the money, you would have to purchase shares to deliver...
And there were many "smart" people that bought EMAN at 8... More that bought at 4... and more that bought at 2. What does it matter?
I never said fact or fiction... You took it that way. Personally, this company is not all about LCoS to me. You could post endlessly about items HIMX is not in. I do not really care.
With no stake in this company, why do you really care. That was the gist of my post and you know it... We both invested in the stocks we invested in for a reason. Right or wrong.
One of us is secure enough in their decision that they don't feel the need to "troll" other stocks. BTW, I do follow KOPN and EMAN.
LOL.... A few sour grapes here???
by jarhead19881992 • Jun 3, 2015 3:37 PM Flag
Didnt you buy at 6.5 and then sell at 6.2.
I wonder who you paid your dividend to.
Dont answer, i already know you deleted your posts in reference to where you bought and sold.
I think this takes a brief pause here. Last year the timing on the BofA updrade was 2 months 1 week from the Google deadline. This year the exact same time frame with respect to the expected HIMX Q2 CC date. In both cases, the stock has gone up, so far. 2013 is similar in the Google "investment" announcement. Could be the last shot to take out the 5k+ 8 calls and possibly the 7.50's. The money is in the 6-7.50's this week, the shares are wanted.... When we resume the current path is just a matter of when. Common theme between all 3 buying events. A 50/50 shot at it happening.