If nothing else, there was a nice cross of the 50 day over the 200 on yesterday's close...
Looks that way... MM playing games with buying and selling back and forth in tenths of a penny... on the bid right now and MM has it .005 above the bid... Even when it drops back to the bid it's 100 shares and not mine... Despite the fact 5% of the order has filled... I would think mine would fill first since it is now a partial...
LOL, no problem. Each brokerage has their own procedure for buying the shares. Fidelity happens to buy ~ 3 days in advance for most dividends. With ADR's they wait until the day they have the funds.
Can't crunch those #'s. All depends on how the market acts. Last 2 years for reference
ex Date s/p drip Price
7/23/2014 6.35 5.95
7/31/2013 5.7 6.67
The drips were through Fidelity and my price...
Interesting list of institutions holding. Renaissance Technologies, LLC and A wide variety of Fidelity.
FWIW, Renaissance has been in and out of HIMX a number of times... Typically during the runs up...
Yes, it did, but not until early October.... BofA upgrade on Aug 5th cemented the uptrend. It was all a google investment play, as this has become CC news on growth play currently.
Due to the tax benefits of the dividend (Taiwan income taxes) that is a double edged sword. Lower the payment, overall taxes go up and net income drops reducing eps.
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..