The gaps are for short term trades. Longs use company fundamentals. So we gap down today however the real future for the pps is much, much higher. Use days like this and the gap downs as a gift to buy at cheap prices.
I do not think Google Glass is the main issue right now. The issue that has come up most recently is the gain in market share by HIMX for their current product lines.
that is the only way reduce the short interest control. The company needs to pay down debt and have good earnings. Also management needs to do some work with analysts on wallstreet.
XX The upgrade had to deal with the Target price not the language. Analysts do this all the time on undervalued companies they have an "outperform" on. They did give reasons and that too is reason for their "Upgrade". Get with the program. The company is on the rise again after the inventory correction from the one supplier. Back up we go. Also this will not be the only type of upgrade like this you will see. Expect the analysts co continue to raise their targets up and up each quarter or two through 2015. Again like I have been saying for awhile now even without Google Glass or any other new product..., just on the current products HIMX makes, the fair value is $17.33 per share on a PTP (Peer too Peer) valuation. Now as HIMX gains market share this too will go up. Lots of upside in HIMX IMHO based on the company fundamentals. Then add it the new products and well you can see this stock is cheap even today.
Yep been with HH for a bit over 6 years my self. It has been frustrating. But finally they are taking the right steps forward. I plan on holding them until 2021 so I got time.
Well, there you have it a penny lower than I expected. It's not done I am afraid. Look for .98 tomorrow. That should be the bottom for now unless the earnings are a loss when they come out, then we can expect to drop to .75 again just like when DJ took over as CEO...., what progress he has made right pumper puppets? C'mon BOD grow a pair and fire DJ.
I think this is a first for me since being in HH for years to see no trades at all this far into the day. Although I see your smiling at the $5, it is not that far fetched as to the true value of the company since ridding themselves of non performing assets and shrinking the company. This action IMHO should have happened after the reverse split years ago. But with the action there is light at the end of this tunnel. Management has been doing a good job but it will take several quarters to see the real impact of these changes and then we should see some movement in the pps IMHO.
If one looks at the assets of SBLK we see a 99% discount to the book value and price to sales is at a 87% discount to 1.0. Take a look at the book value of this company and explain to me what I am missing here.
We may have awhile to go on the down side id GE Capital is divesting in drip selling. One would think with the analysts upgrade recently in upward new target pricing that GE Capital would wait and see. However, the real question is why now for the selling, when they have a right to have a board seat. IMHO they just want out and may have felt jilted by KS when he went to the rebrand. One can see that the ShopNBC had no real value at all for the $4M annual fee. So unless the institutional holders come in and buy up the DE Capital shares we will languish once again until the last shares are sold. Oh well, this can all go away if earnings for Q3 beat the street numbers IMHO..., then the volume will return. So we wait once again.
Well, I guess I aimed too high, now hitting $1.03..., maybe it goes to .99.
Make yoyr calls today and demand the BOD take action to save our investment in CPST. Fire DJ!