Besides, that 12 month target on yahoo are derived from the very same analysts that have been pumping and dumping this stock for the last 3 years.
What's up haschultz1,
The Sept $7 calls are the deciding factor for the next 3 weeks.
With that being said, it doesn't mean the stock price couldn't rip well above 7 and then get pulled back down below 7 by Sept OPEX. Three weeks is a long time when it comes to HIMX and how far its share price can move. She will finish below 7 by Sept OPEX.
Personally, I have no position in Himx right now. I am waiting for one of two things. Either I get the Jan 17 $7 calls for 1.05 or the Golden Cross goes bullish and I will load up on the Jan 17 $7 calls at that time.
I believe by Jan 2017 HIMX's stock price will hit at least $20. The Golden Cross going bullish makes that a certainty.
Whats up Von,
I think she finishes above 6 by Sept OPEX(3 weeks) in order to get the Sept $6 puts to expire worthless. After that, i have my suspisions as to what will happen but need more info to confirm. A lot can happen in 3 weeks.
Apparently the dumb jarhead who drives a truck for a living knew life wasnt going to be sold, but the big money institutions didnt.
Ok, Goldman Sachs.
Has been all about the $6 puts.
The sept $6 puts were sold and the premium was used to buy the dec $6 puts.
Thats why over the past week 10000 dec $6 puts have been closed out around the 4.6x area.
Now our options trader(big money institution) wants the sept $6 puts to expire worthless. Free trade.
The notion that the stock dropped as low as it did because of LTC or because management flipped on the sale of life is BS.
If institutions didnt know Life wasnt up for sale after the 14% stake in Ausi MI and LPI were sold, they either r stupid or lying. Easy to figure out.
Heres a couple of bumps.
The sell off on Friday actually caused the 200sma on the SPY(reflects the S&P index) to reverse for the first time in a few years. The 50sma has already been in a decline. I expect the overall market to correct at least 15%, maybe close to 20%.
Now, now Dunton. No need to get your panties all in a bunch. The bully jarhead who feels the need to b superior to all others will give it a rest for awhile.
Funny, Jeb hasnt reaponded.
Or has he been responding all along?
This is now the 2nd time you have responded to a post of mine when i was clearly responding to someone else.
It smacks of a lack of integrity.
Theres only one reason why a person would respond to a 539er comment and Jeb knows why. It was revealed in a post that he made and then deleted shortly thereafter.