MG, when (not if) the new products hit mainstream, it will be a nice boost. For the last 4 months this has been played well by someone. Drive it up, slam it down repeat. But there has been no consistency as to when and how long. Until there can be more transparency into future quarters, this is going to repeat itself through at least Q1 if not Q2.
The NDA's are a hamstring to consistantcy in the share price. At a minimum, I would expect Q3 to be the takeoff point at least for cmos and array. That is when the new handsets begin production. LCOS, I would not even make an estimate. It is all priced out of the share price currently anyway.
I trimmed my position here Because of the up then dramatic downs.... The funds I have pulled are working elsewhere as they simply sat flat here for 5 months. I am at a position where the remaining shares are my new core amount. I have the time to wait for a sizeable return if things play out. Just need to find some shorter term returns. Sometime in 2016 is when I still see beginning to taper down the holdings here and move those funds into my income stocks...
Still like the security, if at any point it looks like a solid add again, I will. Before that happens, I want to see some support for higher share prices.
Today and the other day are simply ridiculous. Last year when this happened, 40-50% of the spike was routinely retraced the day it happened and it was a fantastic time to make some quick trades. Not this time.
You too... ~55k here. Still have ~30k HIMX. Waiting to really jump on SDRL.
Always like it when a name I respect shows up on a board
LOL, This will surely get a down thumb... As will my reply. Appreciate the suggestion. Took a quick look. Will look more closely.
big, 3.95M Shares short on a float of 140.4m shares. 2.8% short. This is ~1.3M more than last months short interest. If anything, HIMX has traded in the exact opposite. The shorts seem to take this down at will.
Still long HIMX myself, but with fewer. Like you, I like a few offshore drillers right now and have been adding there..
Yes HIMX has a mind of its own. Just when you might think it is safe to sell a pop is about the only time it continues to go up. Only an issue if you are in it for a trade only.
Took a week off from anything stock related. Out of town for the holidays. Still a year end 2016 target for me here. We are watching the SLOW emergence of a tech player IMO. Their customer base and future product offerings are solid. Simply taking much longer than most of us anticipated.
I look at a stock like TSEM, still no net profit (all estimate's are EBITDA) and wonder what is going on here. Although TSEM proved to be a great short term play through OCT and November.
Problem is, HIMX behaves contrary to what some DD on the expected growth would indicate. Still a good longer term play. Everyone adjusts accordingly to their "risk". Plenty of "negative" analyst comments. Yes, I understand everyone here has a particular dislike for Jay. For good reason, no #'s to support his many updates to his take on it. Hey, look where the stock is. Just thinking out loud.
Norm, Yahoo chart and Fidelity's interactive chart set to 1 minute intervals. The last 4 minutes combined are ~490K shares showing green for each timeframe. Started at 7.01 and finished at 7.03