No. Stock is on hold pending news conference tomorrow in Taipei, thus why they are on hold here. I saw this new in Taiwan newspaper.
May not have huge impact on the component manufacture in Taiwan since Apple had cut order by 30% last quarter.
You are kind of childish by posting this kind of comments. You disappeared during upturn, post many time a day during downturn. Go find a day job.
I kind of wander about the recent downgrade by USB, the guy might know something that he just wanted to get in by lowering the price. Hey, reputations not important for them, money is more important I guess.
This mean someone is willing to sell the 1 million shares at $15 on Jan 2018. The seller now have incentive to keep the price under $15 or buy that 1 million shares before the price hit $16 and changes. Therefore, we will see some actions soon when HIMX moving into ~$14-15 range.
Venture beat news
The Semi in Taiwan had a better Dec. 15 than Nov. 15; Also panel maker have better Dec. than Nov. So HIMX will have better than expect earning for Q1 2016.
Chinese stock market is decoupled with the real economy. Remember during 2011~2014, their economy was going well, but stock market was in the tank. It is like casino, it is depending on government manipulation, I think this time Beijing is losing control.