Let's face it people. No idiot on a Yahoo message board has a 1/2 BILLION dollars of spending power. What is posted here...whether you'e long or short... is pointless drivel. These are mutual funds and hedge funds buying. They don't buy with the expectation of losing.
From Q1 earnings release (NOTE: the last bullet point):
Company Exceeds Q1 Revenues, Gross Margin and EPS Guidance
• Total revenues increased by 5.4% year‐over‐year to $175.7 million • Small and medium‐sized panel driver sales increased by 26.1% year‐over‐year, representing 51.9% of total revenues in Q1 2013 • Q1 2013 gross margin reached 24.6% from 22.9% in Q1 2012 and 23.3% in Q4 2012 • Q1 2013 GAAP net income increased by 24.0% to $14.0 million from $11.3 million in Q1 2012. GAAP earnings per diluted ADS grew by 24.2% to 8.2 cents from 6.6 cents in Q1 2012 • Q1 2013 Non‐GAAP net income increased by 23.6% to $15.0 million from $12.1 million in Q1 2012. Non‐ GAAP earnings per diluted ADS grew by 23.9% to 8.8 cents from 7.1 cents in Q1 2012 • Positive 2013 outlook with strong growth in small and medium‐sized driver and non‐driver products
I would cover tomorrow if I was you... and next time READ the press release:
"The purpose of the investment is to fund production upgrades, expand capacity and further enhance production capabilities at HDI's facilities that produce liquid crystal on silicon"
Investors are buying into HIMX for it future prospects and opportunity for growth. Only growing companies have the need to "expand capacity and further enhance production"
You're short the wrong company.
Open interest was only 25 prior to today. Over 9,000 contracts were traded today, mostly at the ASK. That's a $2.6 MIL wager that HIMX is trading well over $8.85 ($2.85 was today's high).
By March 2014 I'd expect HIMX to be over $25.00.
well analyzed. I read a few of your post on other board and it seems you do some sound DD. i'm staying away from the Chinese solars..I don't trust any of them to report accurate numbers and I don't think they will capture projects at the momentum FSLR has in the last 1-2Qs. Plus, larger utility projects (esp those in arab nations) will go with companies such as FSLR who have proven results and brand integrity.FSLR is best in class in my opinion.
I love the fact the shorts thumbs down you. They'll be trampling over each other to cover..could take it past $80...last time FSLR ran from $45-60 it didn't stop til $300. I'd love to see those sorry #$%$ get pummeled again
ohh, snap out of it. you're investing in a company with a p/e of nearly 1000!!! i'm being logical...you're just gambling
that makes absolutely no sense..unless of course you just wanted people to know that you're gay.
It's exactly this kind of weirdness that freaks people out about gay people. There is ABSOLUTELY no reason to be proud of the fact. Being gay is a mental disorder.
I think you'll have your opportunity. I'd be a buyer at $60..and personally, I wouldn't buy or short it at this level
sure..i agree there is too much animosity in this forum. enjoy the rest of your weekend.
neither, I have no position in TSLA. kudos for investing and being wise with your money.
anything over 900 is absurd..nflx and amzn don't even trade that high.