Just left my contact Information with Baupost group and promised will be given to IMOS analyst.If no return call will call again tomorrow.Anyone know when Baupost next files changes In position ? Thanks In advance.Cheers
Fyi.Option action on this stock means nothing.For years I had long out of the money option positions which cost me money.Several botched buyback's and the the advice of Caff/Marnis made me reconsider.Due to Managment I have had to completely change my Investment style.Although I have actually made decent money being long the calls overall I now short the In the money puts.Last 2 expirations have made me over 5 figures.I should be happy right ? I am not. I am still short 200 March 25 puts which should be WORTHLESS !! I am tired Of these guys screwing us.The money In Bermuda Is OURS !! Managment has already made 200 % + on the shares they sold themselves at our expense.
Baupost has sold over half their MU position what happens when they decide that this " shareholder friendly " Managment Is clueless on how to reward shareholders ??
Two C.C. Ago they would not let me ask a question.Last C.C. I used a different telephone and my wife's last name and still was given the " Heisman " !! Somebody needs to step up and ask the hard questions. Since I see some other P.O. Long time Investors I will reach out to Baupost Monday.Hopefully with better results than before.Difference Is this time I will call everyday.Good weekend to all.Cheers
Great post which echoes 90 % of long time holders feelings.
How Is It possible they are allowed to buy 35,000 a day and we drift down .50 cents on B.S.volume of 44,000 ??? These guys are a joke.They reward the 8150 shareholders with risk less investments where they make 200 % to 300 % in six months.They sold OUR shares on the cheap and then will not do a buyback as demanded OR give us OUR money In Bermuda.We kept them from being delisted and this Is how we are treated ?? Please feel free to forward to Tweedle dee/Tweedle dum.Have a nice weekend.Cheers
What's next ? Cat's sleeping with dog's ? Chippy Never goes UP on low volume just down.And what happened to the afternoon dump ? What happened to ( I agree with Jam ) what looked like an Institutional seller ? I used to say the only thing more unpredictable then a wild turkey was a women.Now Chippy goes to the top of the list !!
O.T. EXAS has offered a great entry point ( again ). Only purchase after doing your own D.D. And approaching as a marathon not a sprint.Huge short position and these guys are good as evidenced by the bear raid Tuesday.Not for the faint of heart !! As Jaret called Tsem " stupid cheap " at $ 9.00 I say this Is screaming buy between $ 19 and 22.Strong buy 22 to 25.Imho.Cheers
Ditto.I have long said the U.S. Price Is Intentionally being kept down.Under no scenario can that be positive for us.I asked the board 3 months ago Which large long time holders wanted to pursue an " Activest Investor " role and got zero response.The long time IMOS had leers consistently get the shaft.We should not be made to wait till June for the collapse formula.I am sick of missing opportunities because of this " share holder friendly " Managment !! The least these jerks could do Is give us some of OUR money From Bermuda as a Divy while forcing us to wait.Cheers.
IMHO.Do you think Apple really wants to buy dram from their biggest smart phone competitor ? I think MU gave them the " Heisman " as they can get better dram prices elsewhere. The 800 pound gorilla demanded better prices and was forced to blink.Apple should have bought MU a long time ago.Now It's to late.Cheers
Although I'm sure you have relatives with multiple degrees the only one you have Is In B.S..
You are the greatest contrarian Indicator ever.The fact you favor Himax over IMOS makes my day and I own Himax.Ala John boy stop playing at Investing and just buy EXAS and thank me In 3 months.Cheers
Perfect timing as left Chicago Saturday and enjoying Cabo.Decided to check Himax board for grins and what should I find but a post from " silly ".Starts out " At the risk of showing my Ignorance " !!!!!.Never stopped him on the IMOS board.Cheers
Thanks for sharing.Very helpfull post.As much as I would prefer the money In Bermuda be used for a buyback I am a realist.They either can't or won't execute a buyback.I would prefer the money in my hands rather then a bank In Bermuda.Cheers
Your right but you have to actually buy back the shares !! They move like syrup In January.With a dollar Divy In June all the long time holders would be a lot more diversified.Time Is money and these guys just don't give a dam about the American shareholders.Cheers
All green on my screen with one exception-Guess who ?
I am so livid with this Managment for one main reason.If they knew 6 months ago they were not going to collapse our shares they should have given us a one time Divy with part of the money In Bermuda since they are unable to execute a buyback.As I write this Chippy just went green.My timing Is almost as bad as Silly's.Cheers.
Apple making a new 52 week high and here we are watching paint dry.Soooo tired Of having my money held hostage by this Managment.A drink does sound like a good Idea though.Cheers.
Could be wrong but I thought It was S.J. Who held the large IMOS position ? The big problem Is we really do not know where managements Interest/loyalty lies as they sold themselves cheap ( remember extra 5 % of OUR company was sold to Managment ) 8150 shares earlier.
As far as the buyback I guarantee they have done another poor job.They should have Issued a special $ 1.00 dollar Divy a long time ago since they knew they would not announce the collapse formula till after Thailin closes.Imagine If they were not so " shareholder friendly " A good weekend to all.Cheers
Today should be Interesting with Apple hitting the ball out of the park ( pre-market up over $ 9.00 ).Hopefully a rising tide lifts all boats.Cheers
Texas hedge Is spoken in jest - It is a flat out EXTREMLY agresive bullish bet.Hope he Is right.
Very nice move In 8150 tonight on good volume --long overdue.Tomorow should be fun.Cheers.
Concerning Tsem.Somebody bought 1300 March 20 calls for .10 cents while also selling 1300 March 20 puts.The old Texas hedge.Since those strikes had almost 0 open Interst thought you might find that Interesting.Cheers.
When do you think Managment will announce the share collapse formula ? Not holding you to It but curious your best guess.Thanks In advance.Cheers.
Had not looked at Chipbond In a couple of days but did after reading your post.Unbelievable !!! Closed on It's 52 week high on double normal volume.Chippy can not even come within $ 2.00 of It's previous high with nothing but great news.Imagine where we would be If S.J. Was not so " shareholder friendly ".Flat out disgusting.On a positive note, thanks again to Jaret for Tsem.Cheers
I am still offering free steaks for all the old timers but It Is a question Of when.If Tweedle dee and tweedle dum would just announce the share collapse formula I could start planning the party.Tired of watching paint dry.Only saving grace Is a " Quiet Caff " as usually bodes well for the stock.
F.YI. Did something In Chippy I have never done before--- sold naked calls !! ( sold 50 March 25's for .80 cents ).At this point am more then happy to sell 5000 shares of stock at $ 25.80. What's next ? Cats sleeping with dogs !!! Cheers