Agree, most only read the headlines and do not understand what they are reading. Discussions regarding the book value are numerous and pretty informative on this board.
The core earnings were outstanding and provide excellent coverage for the dividend. No worries for me there. The share price will recover (nothing really has changed except uninformed "perception"
Himax Technologies (HIMX): Some 3,300 Weekly 9 calls expiring this Friday, Feb. 6, were bought for $0.15 as investors position for a short-term rally in the maker of glass for liquid-crystal displays. HIMX fell 0.47 percent to $8.54.
LOL... But of course... Still think the rebound in oil could be a head fake but I have entered some and have my eyes on others... Have not touched solar...
Short answer, Yes. To the same extent percentage wise as this quarters effect. Not sure their ability to adjust prices to factor this in given their customer base (mostly foreign customers)
HIMX has never had good institutional support. One of the reasons it can be yanked around like it is... Very few institutions are represented with a Dec 31 filing. Will be interesting to see the nasdaq listing for inst. shares held next week.
I have no love for Chardan.... don't trust a thing they say... But would not surprise me to see them turn on Kerrisdale. Good
But they will trade it well below where it should be at least 1 more time. I agree there could be a few more down days before it starts to settle. DHT reported and the report was good. Took the market a while to digest it so was a great opportunity to pick up shares there.
Fro will be the same way. The market is good right now. Shipping Rates are up and oil is continuing at ~48-49/bbl. This will result in more storage needed. The shippers enjoyed 1 out of 3 months last quarter of improved rates. factor that in when they report Q4 to get a Q1 2015 estimate. They are looking good and the market is starting to realize it. The recent pullback was good. Allowed higher lows to be set. "Shopping" here right now. Have not bought, but expect to. Just need to set my price and see. Traded a bit in the last run-up....
But combined, the 9's and 8.50's (1245 shares) against 5 9's and only 78 8's would make sense. They could well spike it early then take it back down to 8.49... Will be a learning experience watching it tomorrow. Either way, it looks like we are beginning to set higher lows here.