Simply entertainment as far as that goes...... This is a longer term story... Problem was underestimated he length... oh well. The beat goes on.
HIMX is so much more than A/r V/r. There has been a well thought out IRAD plan.
Actually Norm, he might be right. Amigo had an excellent post on the "pullback" history. GS initiating was great news. that was what was sold.
Liking the 2018 7 calls. Looking to add some next sign of weakness. Thoughts? Tried to catch a bid the last few days.
The March 6's are a keeper. The 9's will more than likely sell into any strength. Jan 2017 7's are also keepers. It all comes down to the next CC. Hopefully we get a few more press releases similar to the last one.
Sentiment: Strong Buy
Needs and Norm... LCoS isn't the only thing HIMX is about. Another poster mentioned it the other day... Much more to this company. They went leading edge in key products. Todays PR was well timed and provides a hint at when we should see a revenue ramp from a new product with a higher GP %. And it's not LCoS. Still have the WLO and others to phase in.
The low 6 to $8 dollar range is gone (yes I don't include the 1 artificial spike to this years 52 wk low.) I will place some buys and be happy to hit them. This has moved far fast. I still expect a stop loss take out. Thought this before and was wrong. But 6.75 is the lowest I think.
Trading range will be from there to $9 short term. If todays press release was an indication, Q4 conference call will confirm it. Market typically is 6 months ahead. Was on the bid all day for Jan 2018 7's...
Barunm, it was a 6.3% stake in HDI, not Himax overall. The investment was actually less than was alluded to by MG. It's all laid out in the 20F for year end 2013.