he's purposely running the business at a loss, using "impairments" and all kinds of financing dodges all the while siphoning off the stockholders money for his family and himself. Somebody please put in a hostile bid already.
you missed my point. Covered call writes are the safest way to play options...unfortunately, even that option (excuse the pun) is being denied by the HMIX mm's given the spreads currently printed on the tape.
just look at the options - the bid-ask spreads on the 2016 calls are an absolute travesty. The mm's who are clearly manipulating this security at will are busy covering their butts in the options mkt by ensuring HIMX stock holders wishing to hedge by writing calls are totally nullified by the aforementioned super wide spreads.
as always, jmo...
so why are you commenting here? Do you have a stake, one way or another? If not, go away. Actually, why don't you just go away?
it sure did...the economy has proved a much easier fix than the mess Bush/Cheney created with their stupid adventure in IRAQ, circa 2003.
the stock price has traded below $1 since December 2014. So why have they not been served with a "delisting notice" before now? What I am suggesting is perhaps the Nasdaq 'delisting" rule is a bit more elastic than you're aware of?
compliance or not with the $1 rule is a none issue. They are a going concern with more assets than liabilities on their balance sheet. They have ample cash to fund operations going forward. Do you seriously believe the exchange does not take all of these material facts into consideration before issuing a 'delisting notice'? I will say it once more, their mkt cap is enough to immunize them from delisting.
in any event, the delisting rules are such that CPST is nowhere near to it happening. I believe the "notice" a previous poster was referring to happened sometime in 2012?
first, delisting is an exchange function & not SEC. Second, the Nasdaq $1 'delisting' rule does NOT apply to Capstone because their mkt cap market cap is over $230 million.