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.
LOL, a.40 to .50 drop is .10 - .20 more than the dividend effect... Besides, the same analyst that helped cause the drop in s/p (BofA) just fully reversed. Your MFI was a great indicator.. For the opposite reason you determined. It, IMO, has been accumulation. It can be played for a few more weeks. But that will come to a halt by Late July or early August.
Hasch, a stretch here. What about a cheaper alternative to police body cams? With the added benifit of facial recognition... That would be a fairly good market.
Norm, this is all fun... If you do the overlay chart, the early may through current time period for each year is interesting...
Why would there be disappointment. Himax has guided low... Should be baked in already... Even with low guidance, BofA has already upgraded...
What was the significance of the close on Friday??
Norm, to your point, I took the historical prices for 2012-2015 (ytd) and overlayed them... Showed interesting trends when graphed...
Options were REAL interesting Friday...
And your call regarding the referenced was equally spot on... Amazingly flat...
Whether a pullback is ex-div related or not, the powder is dry and ready... If I don't get one, so be it... That 6.98 to 7.31 opening gap tuesday is looming large with major opex this week.
Would this "reversal resistance" attributed to BofA downgrade not be countered by BofA's (same outfit) 2 level upgrade last week?
One more for predictive prowess-
jebediah456•May 16, 2015 11:15 PMFlag
0users liked this postsusers disliked this posts5
The 2Q ER should be a disaster, but after this, this one more bad earnings report, the er's should gradually improve overall over the next year to the point that himx's pps comes back to $7/share by next winter and $8/share by the middle of 2016.
Disclaimer, I also thought we would have one more foray into the low 6's before this latest move... Exactly why I am not trading this currently...NO need to...
jebediah456•May 18, 2015 6:41 PMFlag
0users liked this postsusers disliked this posts4
She is going nowhere now. In fact the stock has declined precipitously over the last 2 months. Did you not notice that, willfully ignorant, stupid, short-sighted, simple-minded, fool? Also, the money flow indicator is still in the 40's, which indicates that there has been more selling than buying.
Yep, Gotta hand it to yo
This was in repsonse to:
"lincoln1909vdb•May 18, 2015 11:32 AMFlag
3users liked this postsusers disliked this posts3
And there she goes
Friday's temporary holdup due to expiring options has passed. Bulls are in charge now. Hang on; the ride has just begun.
Sentiment: Strong Buy
Nice call for a "willfully ignorant, stupid, short-sighted, simple-minded, fool" Lincoln Thread topic "And there she goes....)