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Pixelworks, Inc. Message Board

haschultz1 200 posts  |  Last Activity: 2 hours 45 minutes ago Member since: Apr 27, 2001
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  • haschultz1 haschultz1 2 hours 45 minutes ago Flag

    Hey jctuttle14,

    You seem to be trying hard to bash MU. Are you short? What price (high and low) will you be covering?

    If you are like cheetah and not short while believing that MU is over-valued, why are you here?

  • haschultz1 haschultz1 2 hours 47 minutes ago Flag

    Hey cheetah_two,

    If you don't short stocks and think MU is way over-valued........why are you here? Have you no hobbies or loverd ones? What are you buying as I am alwqys open to a good buy (for me, see MXL).

    All who were negative on MU had lots of time to sell before earnings. So, I just don't see a lot of selling pressure here.......and Friday showed that there were more motivated buyers than sellers.

    MU should be range bound for a while. I have no position but I do think that by mid-2017 to 2018 that MU could easily be 75% to 150% higher. So, I follow MU looking for the right time to buy (shares, calls or sell puts).

    jctuttle really seems to be working hard here to bash MU. Is he a short.........or someone working day and night to save MU investors from themselves :-) ????

  • Reply to

    ZACKS has downgraded HIMX to a Sell

    by duntonmd 11 hours ago
    haschultz1 haschultz1 2 hours 59 minutes ago Flag

    Hey duntonmd,

    I agree that it is good to know what Zach's is writing as some people do trade on it....and was not 'beating up on you' for posting this bit of information as we should all want full disclosure of available data.

    I was just posting my thoughts on the validity of Zach's for those who were not aware of how Zach's operates and probably should not have addressed it to you. Personally, I wouldn't even use Zach's for a quick comparison as again they average the good with the not as good and the old with the new....basically giving all equal weighting. Better to just compare the metrics themselves and focus on PEG's, P/B's, dividends, payout ratios, etc. for comparing stocks.....and then finding a good analyst report or two for improved insight. (And then time/determine your buy/sell pricing using the charts).

    Again, this Zack's report came out on Thursday so it certainly could be part of the extreme retracement which took place that day.

    Finally, jarhead could be partially correct in that it could have been timed to help someone(s) as some options were expiring on Friday as HIMX went over $8 on Wednesday and closed very close to $8.........which will also be a key option price going forward as we have seen.

  • haschultz1 haschultz1 4 hours ago Flag

    Hey cheetah_two,

    An 8 P/E is for when the earnings are peaking as most know the earnings are cyclical and are not willing to pay 15 times peak earnings. MU can trade at a 15+ P/E on off peak earnings knowing that better times and earnings are coming.

    Also, there were nearly 40 million shares which traded Thursday night and Friday which seems to say that $12 probably is not coming with the currently known information. In fact, many analysts who lowered their price targets on this new data lowered them to the lower and mid-$20's.

    But, you can go ahead and sell short here if you want.

  • Reply to

    ZACKS has downgraded HIMX to a Sell

    by duntonmd 11 hours ago
    haschultz1 haschultz1 5 hours ago Flag

    Hey duntomd,

    The Zack's report I read is just a sort of generic recipe type of report which does absolutely no research on HIMX. Zach's only looks at the various fundemental metrics on HIMX and then looks at the various price targets listed by the analysts who publish these.

    If you look, you will not find Zacks listed as an analyst on the HIMX webiste listing of analysts who follow the company nor do you see them listed at Tipranks. Zack's doesn't send anyone to the Conference Calls or invdestor's conferences.

    I did read the Zack's report and it reads like almost all other Zack's reports on other stocks.......again just giving historical fundemental metrics and then using the averages of published analysts. There is no detailed analysts of HIMX or their business including new products, customers, specific industry trends, etc. and certainly not like the recent indepth BoA/ML report authored by Danial Heyler.

    Now, it is still good to know about this Zack's report as some do read and use them........and this one came out on Thursday; Oct 1st so perhaps that explains Thursday's retracement.

    Bottom line is that I would not rely on Zack's for investment advice as they do no research of their own and average the analysts projections and price targets...........whereas some analysts are more informed than others and some are more updated than averaging the good with the not so good and the new with the old is not a recipe for good data. Still, it is good to know about these as it does help explain market Thursday's retracement.

    The Street is another example of these sorts of generic reports.

  • Reply to

    i am READY to buy again

    by ivodirect Oct 2, 2015 9:35 AM
    haschultz1 haschultz1 Oct 2, 2015 10:12 PM Flag

    Hey mawchek,

    There is nothing like unanticipated news to dramatically change/alter a technical chart. I certainly put revenue/earnings releases and conference calls into this category as they can many times surprise with current quarter and then guidance.

    I should have added to my note that I may buy some GLUU (or call options) around the first of November regardless of the chart as I think GLUU will run up into earnings........unless the overall market is still weak and unsettled as it is now. I view the current outlook for revenue and earnings as very conservative so I do think they can meet or beat them.

    But, with the chart looking as it is and the markets acting like they are, I don't see any reason to have to get in now. I anticipate that they will report around 10-Nov (guess) and thus buying in around the first of November should get me the benefit of any run-up in share price prior to the quarterly report and conference call.

    If you want, look at MXL which I bought into a few weeks ago and I think it has lots of room to run. They have pre-announced 3Q and guided for 4Q and is selling at a lower valuation and has price targets 35% higher than current.

  • Reply to


    by jarhead19881992 Oct 2, 2015 3:08 PM
    haschultz1 haschultz1 Oct 2, 2015 4:10 PM Flag

    Hey jarhead,

    Seems someone(s) was/were working hard to keep the HIMX chart from getting the 'Golden Cross' as there were around 860,000 shares of HIMX traded in the last hour. This did get the price down off the highs as the rest of the market moved higher. A true seller, trying to get the best price for their shares, would allow the price to come to them.......rather than throw larger blocks at the ask trying to take it down.

    The good news is that there were buyers who ate up these 860,000 shares with the overall share price not dropping very much.

    But, someone(s) is/are still playing games with HIMX. I suspect this may continue for a while but I also think that HIMX will guide 4Q 2015 above what the analysts are currently projecting.

  • Reply to

    i am READY to buy again

    by ivodirect Oct 2, 2015 9:35 AM
    haschultz1 haschultz1 Oct 2, 2015 3:03 PM Flag

    I am also looking to enter GLUU and think they have a great future. But, the chart looks terrible with the 50 DMA moving below the 200 DMA recently and that is a bearish cross.

    So, while I would like a position in GLUU, I am going to wait and watch the chart for a buy signal.

    My technique is to use fundamental, Peter Lynch, CANSLIM information to find good companies....but then use the charts to time my buying. The chart on GLUU did have a bullish cross some time back and that proved out to be a good signal. So, I will wait and watch for it to reappear before buying in here.

  • Reply to


    by jjgambler2 Sep 30, 2015 10:39 AM
    haschultz1 haschultz1 Sep 30, 2015 9:58 PM Flag

    Hey Jeb,

    You should spare some of those IQ points and learn to use internet search engines to learn what you don't already know.

    Overview: BOE – Leader in the Chinese FPD Industry
    The BOE Technology Group Co., Ltd. formerly known as Beijing Orient Technology Group, was founded in 1993. It is headquartered in Beijing and it is a subsidiary of the Beijing Orient Investment and Development Company Limited. The Group is a non-governmental company primarily engaging in the research, development, manufacture and sale of thin-film transistor-liquid crystal displays (TFT-LCDs). These monitors are mainly used for TVs and Computer monitors.

    BOE is the biggest high-tech company in the FPD (Flat Panel Display) industry in mainland China and the world's sixth biggest company in the panel display industry. In 2012, the company reached a milestone and shipped more than one million LCD TV panels a month. With its products BOE supplies not only its home market, but also Europe, the US and the rest of Asia.

    In the last ten years, the company experienced a static growth and in 2011, its revenue increased within one year about 58 percent.

    Internationalization Strategy: Foreign Alliances as the Basis of Success
    BOE operates all over the globe and its products are available in nearly every countries in the world. Today, more than 70 percent of BOE's revenue is generated in foreign countries. To become such a global player, the company followed the strategy of foreign alliances. It started joint ventures, established subsidiaries and cooperated with several foreign companies. Therefore, BOE especially focused on leading companies in the FDP industry, including Toshiba, Panasonic, Hyundai and Matsushita.

    BOE gains 70 percent of its revenue from foreign countries
    Following this strategy, BOE was able to establish a strong distribution and service network, for selling its products overseas. A further advantage was the acquisition of know-how and the registration of new technology trend

  • haschultz1 haschultz1 Sep 30, 2015 7:11 PM Flag

    Hey arman,

    Does this s...k more if you are short than if you are long GNW?

    Were you not expecting something like this??????

    From the news article (and I am sure we will hear more at the 3Q CC):

    The transaction represents another step toward increasing Genworth's financial flexibility and strength by generating capital from low return blocks. The company expects to generate initial capital of approximately $100 to $150 million in aggregate to Genworth. The transaction will utilize all of the net operating losses in the U.S. life insurance companies resulting in expected inter-company tax payments over time to the holding company and other entities for the use of tax benefits. The impacts will likely be favorable for some legal entities and unfavorable for others and will vary based upon utilization of net operating losses and tax sharing arrangements, among other factors. In addition to the aggregate capital and tax benefits associated with the sale, the company anticipates a minimal impact to income and a modest improvement to return on equity. The company expects to record an after-tax GAAP loss of approximately $275 to $325 million in the third quarter of 2015 primarily related to the write-off of deferred acquisition costs associated with the term life insurance blocks being sold. The transaction is expected to close during the first quarter of 2016 and is subject to customary conditions, including requisite regulatory approvals. Genworth will provide further details regarding the transaction on its earnings conference call for the third quarter of 2015.

  • Reply to

    Bond market has no faith

    by jimmyjay696 Sep 29, 2015 10:16 AM
    haschultz1 haschultz1 Sep 30, 2015 7:01 PM Flag

    Hey jimmyjay,

    If the bond market from your posts "has no faith in Genworth", the bond would be priced much lower. They may have 'junk' status but the trading appears to me to be steady and no larger moves down in value.

    Specificially waht are you seeing to asset that "the bond market has no faith in Genworth"? Show me where the price of GNW bonds has declined in value lately.

    Finally, there are all sorts of bonds with higher yields than exactly what is your point and where is the data to support that. Heck, I have money in secured trust deeds yielding 8% and those have done just fine also.

  • Reply to

    Bond market has no faith

    by jimmyjay696 Sep 29, 2015 10:16 AM
    haschultz1 haschultz1 Sep 30, 2015 4:54 PM Flag

    This is a more complex subject than what most might think.

    First, the rate the bond pays may have very little to do with what the interest rate was when GNW issued it. There are many bonds which go up and down in value as they are traded after being issued. They key point would be if these are sold well 'under par' as that would show 'junk status' and lack of faith in GNW meeting their obligation. I doubt that GNW bonds have been discounted for this fact...........and would certainly be interested in buying some if the yield was over 8% (can find nice dividends in oil/gas & MLP's now at 8%).

    Second, GNW only pays the interest they committed to at the time the bond was sold.

    Third, once needs to look at whether there is an early or prepayment provision where it can get called early.

  • haschultz1 haschultz1 Sep 30, 2015 3:02 PM Flag

    $8 is an option price point.........and there are some contracts trading there as noted in a note I posted earlier.

  • Reply to

    OT - Started Buying MXL Monday

    by haschultz1 Aug 27, 2015 6:43 PM
    haschultz1 haschultz1 Sep 30, 2015 3:01 PM Flag

    Recently increased my holding here by selling some MXL $12.50 Puts (bullish play).

    Then, as I have CNBC on in the background, they come out and announce MXL on their 'Under the Radar' segment. They mention the:

    + Today's Roth upgrade to buy
    + Needham's upgrade of ~2 weeks ago
    + 8 analysts average price target of $16.70/share (around 35% upside from here)
    + MXL News of high demand for their chip (4k Ultra HDTV chip)

    The CNBC mention came around 2:53 AM EDT and the stock was up around $0.53 at that time.

  • I saw the news of the Roth Capital Buy recommendation from my Ameritrade Brokerage although I have yet to see the news on MXL's Yahoo Finance page.

    Anyway, I did sell some Oct 16, 2015 $12.50 Puts for $0.90/share (bullish trade with my net price being $11.60.......or keeping the $0.90/share if MXL is above $12.50 in 13 trading days).

    Then, as I have CNBC on in the background, they come out and announce MXL on their 'Under the Radar' segment. They mention the:

    + Today's Roth upgrade to buy
    + Needham's upgrade of ~2 weeks ago
    + 8 analysts average price target of $16.70/share
    + MXL News of high demand for their chip (4k Ultra HDTV chip)

    The CNBC mention came around 2:53 AM EDT and the stock was up around $0.53 at that time.

  • haschultz1 by haschultz1 Sep 30, 2015 2:24 PM Flag

    2,650 $8 call contracts (totals 265,000 shares) traded today at $0.40. This is nearly double the current open interest which was 1,441 contracts.

    That is a quite the play.........expecting a nearly 5% move in the next 13 trading days just to break even. Generally, I think these people are looking for a 50% gain so they must think HIMX closes at $8.60 or so on Friday; 10/16/2015.

    Now, I don't necessarily view this as bullish..........I am only noting that someone(s) do. If the MM's were the option writers, then this just gives them incentive to hold the price down below $8........or at least $8.40.

  • Reply to


    by jjgambler2 Sep 30, 2015 10:39 AM
    haschultz1 haschultz1 Sep 30, 2015 1:57 PM Flag

    Hey jose88fl,

    Thanks for the update.........but don't confuse partiotism with investing as there is a time and place for both........but I would not mix them too much as each has its own goal.

    But, as you travel around, be sure to update us on any groundbreaking news you read/hear of the LCOS Fab plant expansion. And, it would be interesting to know how many vehicles and people are at the current LCOS fab plant on nights and weekends so we can track changes to activity there........and know about it before Mgmt mentions it in their quarterly reports.

    What do you think the 200 people HIMX hired in the mid-year jobs fair are doing? I think they were hired to run the plant more hours and days........but a drive by the plant and noticing the activity on a Saturday night would be interesting........along with how it changes month to month.

  • Today is the end of 3Q 2015 and I submit that much of the selling in the past few weeks had to do with Mutual Fund and Institutional 'Window Dressing' as many may not want to report holding GNW.

    But, tomorrow is the start of another quarter and we could get some good buying in the next few weeks as we run up into earnings report. After all, how many $4.70 stocks expect to earn $0.23 or more per quarter.......and sell at 20% of book value.

    No doubt, there was probably some selling from those disappointed in the Fed not raising rates........but that is coming and was just a delay.

    So, I say all those who wanted to sell have long had enough time to sell. I think the new quarter will bring in some selling from the Window Dressing sell-off and then buying on valuation, rising interest rates and then valuation after they report in early November.

    Risk to reward is in the favor of buying here and I am placing my trades accordingly.

  • Reply to


    by jjgambler2 Sep 30, 2015 10:39 AM
    haschultz1 haschultz1 Sep 30, 2015 1:36 PM Flag

    Hey josefl88,

    Once again HIMX Mgmt has proven themselves to be forward looking and adaptable to the things they see this purchase of "best in breed' Chinese #$%$ company which allows them status as a Chinese registered company.

    The same goes in the many other aspects of HIMX's businesses as they were wise to integrate display drivers with touch controllers into one TDDI component chip. The same for LCOS........and then CMOS/SLO's being used for many things in addition to just image sensors for cameras.

    Their Investor's presentation does a really good job of discussing various opportunities with their take on the market and then their plans to exploit it.

    Much of what you get when you buy shares is an investment in Management.........and the Wu's have proven themselves over and over...........while holding and never selling their 30+% ownership........even when HIMX was double thei current price.

  • Reply to

    any shareholder here?

    by pickuru Aug 27, 2015 10:55 PM
    haschultz1 haschultz1 Sep 30, 2015 1:26 PM Flag

    Just came to see if there was any discussion here. Shares are well below book value and trading at less than 2x cash.

3.62+0.09(+2.55%)Oct 2 4:00 PMEDT