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Emmis Communications Corp. Message Board

xwallstcfo 125 posts  |  Last Activity: Jun 21, 2014 9:29 AM Member since: Feb 13, 2009
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  • xwallstcfo by xwallstcfo Jun 21, 2014 9:29 AM Flag

    I have used IBD for 20 years and used several of their premium services.........which has produced many winners for me ...
    With regards to MCZ....the chart has alerted me that a stage one base has formed after yesterdays action...
    its a consolidation base with a pivot point of 78c..
    In other words let the uptrend begin!!!!!!!

    I believe that a slow accumulation phase has begun...which will push the price between 64c and 80c...and once this last quarter is over with the earnings release in august....the march to $1 will begin ...We probably will see $1+ in the fall

    Sentiment: Strong Buy

  • In case anyone has not gone to Himx website recently ......the june presentation is up.....and there are pictures of google glass....
    The last three attempts to bring this down under $6 failed....the bottom is in....The shorts know crying wolf does not work anymore

    Sentiment: Strong Buy

  • Reply to

    Level 2 games

    by xwallstcfo Jun 18, 2014 10:38 AM
    xwallstcfo xwallstcfo Jun 18, 2014 12:54 PM Flag

    for short term trading purposes only......and shortterm can mean even less than one day...hours..minutes

    Sentiment: Strong Buy

  • xwallstcfo by xwallstcfo Jun 18, 2014 10:38 AM Flag

    As I have stated previously i worked for a Nyse market maker for 25 years....and had access to the behind the scences how market makers work..I attended weekly strategy meetings once a week.
    There are many strategies that are constantly in play by these guys....For starters these guys see the individual traders and investors as novice "dumb" cant put it any other way
    NEVER trust large bids or offers ...it is a reverse psycholgy....mm never want you to know what they are really doing
    They disguise their actions with 100 share trades .....but you can tell what their bias is..like last friday....I think their was a 25,000 share bid to buy....and the mm had a limit price...
    The best way to flush these guys out is a large market order...but who is that brave..unless there is a certanity

    my current take is this:
    The bias is to the upside.....I have seen several times this week....selling pressure where the volume exceeds the published bid .....but the stock holds well....that says one thing to me.....the mm are not disclosing "advertising" bids
    I am still in big time for the big payday

    Sentiment: Strong Buy

  • You wont believe it until you hear it.....
    Cant link it
    google his name and look down for images you will see a video of an interview he did on cnbc...
    What a difference 3 months makes

    Sentiment: Strong Buy

  • Reply to

    Thank you Jay @ Chardan for being wrong again!!

    by sbacchus2003 Jun 10, 2014 11:13 PM
    xwallstcfo xwallstcfo Jun 11, 2014 11:21 AM Flag

    He also did not mention the dividend increase ...and the the unveiling of new technology.....Im tired wasting my time with this guy.....but the reality is he is causing shortterm havoc....
    The final point i want to drive home with longterm investors is....if you held out this long why would you sell now especially with the dividend less than 6 weeks away....that would be insane!!

  • Reply to

    Thank you Jay @ Chardan for being wrong again!!

    by sbacchus2003 Jun 10, 2014 11:13 PM
    xwallstcfo xwallstcfo Jun 11, 2014 10:45 AM Flag

    I have had the experience to sit down with several analyst on both sides of the spectrum.....but I can tell you this....Management does not take kindly to excessive ridicule of a company....and their comes a point we would tell him to go F### off

    Sentiment: Strong Buy

  • Reply to

    Jay srivatsas pnone number is 646-4659065

    by halabrahams Jun 11, 2014 9:03 AM
    xwallstcfo xwallstcfo Jun 11, 2014 10:34 AM Flag

    Do you honestly think that himx management even talks to this guy.....let alone have a sit down with him....He has cried wolf to many times.....his agenda is becoming clearer by the day....

    Sentiment: Strong Buy

  • Reply to

    The Blackout period

    by xwallstcfo Jun 10, 2014 7:55 PM
    xwallstcfo xwallstcfo Jun 10, 2014 8:30 PM Flag

    My son even owns 125,000 shares on a cops salary......time to step up show some confidence....You guys know that a press release would put this stock close to 80c in a new york minute

    Sentiment: Strong Buy

  • xwallstcfo xwallstcfo Jun 10, 2014 8:02 PM Flag

    I fully agree..however....things are about to change
    First....did you notice who was present at the cc...(more exposure) besides Elliot
    Second... Dr did mention about a sales strategy?

    Sentiment: Strong Buy

  • xwallstcfo by xwallstcfo Jun 10, 2014 7:55 PM Flag

    If there is going to be any insider purchases .....tommorrow would be a good start....There is no definite rule on this but most firms wait 3-5 days after an earning release to allow any officer or employee to buy stock....In my personal case I had to wait 3 days....
    It is kind of embarrassing that indivdual retail investors own more shares than Karen and close to DR...
    Will you please put your money where your mouth is!!!!
    Is buying 100,000 shares that expensive for the both of you come on
    I know we will get to $1....but we can get there faster with an insider buy....This week would be good timing

    Sentiment: Strong Buy

  • xwallstcfo by xwallstcfo Jun 10, 2014 7:29 PM Flag

    If the government claims they are in a cash crunch...........First acknowledge the contract and agree to pay in installments between 2-5 years.....plus interest....
    Also pay for damages caused by the drop in the stock from $10 to $2 or roughly $50-60 million.....They caused it!!!

    If Doral wins in court which I believe they will...they should not stop cleaning up the Balance Sheet.....because further down the road they can actually demand a higher price...
    I think liquidation is now totally being ruled out.....the only two options remaining are a buyout or restructure....
    I prefer a buyout so I can close this chapter...
    I am sticking with $10-15 conservative
    $15-25 aggressive.
    I did not let this crisis go to waste .....after taking a big hit...I tripled down....A sizable trade at $2 and @2.45.....but I am trading in and out on these lots

  • Doral Financial Corp. has filed a lawsuit against the Puerto Rico government as it ratchets up a fight over a $230 million tax deal, bringing in stateside legal heavyweight Ted Olson to lead the charge.

    Doral filed the lawsuit on Thursday in San Juan Superior Court with a writ for certification in the island’s Supreme Court.
    Doral and Puerto Rico’s government are locked in a heated battle over the $230 million as both sides struggle to regain their financial footing in a wobbly economy. The bank had threatened legal action after the Treasury Department rejected its demand for payment and then canceled the 2012 agreement over tax overpayments.
    “This is very unfortunate as we’ve been unsuccessful in convincing the government to resolve the matter amicably,” said CEO Glen Wakeman. “In that context, the bank’s leadership was left with no other option than to take this legal action to protect its rights under the law and the interests of its various stakeholders, including its counterparties, bondholders, preferred shareholders, stockholders, employees and customers.”
    Doral Financial is the holding company for San Juan-based Doral Bank, which is the second-largest mortgage lender on the island. The bank also operates in select stateside U.S. markets and has said it is increasing its focus on its profitable mainland business as it continues to lose money on the island amid a marathon economic downturn in Puerto Rico.
    The dispute between the Treasury Department and Doral escalated last month when the government announced it was nullifying a multimillion-dollar agreement with the bank.
    “This is a blatant violation of contract and lawless act by the Treasury Department and the commonwealth of Puerto Rico,” said Olson, lead counsel for Doral and a former U.S. solicitor general. “The commonwealth have a binding and enforceable agreement that awards Doral the tax refund it is owed. If this administration can tear up the agreements reached by the last administration, then n

  • xwallstcfo by xwallstcfo Jun 3, 2014 6:31 AM Flag

    Want to make 3 points

    Rosenblatt Securities is NOT an official analyst who covers HIMX...they are not on the list.....they know nothing...they dont even speak to management..

    Google glass is still mentioned under growrh strategies in 2014

    A dividend of 25c was paid in 2013 based on a 2012 eps of .302c so its reasonable to say that the dividend will be higher based on 2013eps of .358c..which appears to be near 30c

    In June we will know much more
    The dividend and more on google glass at the
    conference June 25

    But I must repeat the NDA is keeping himx from responding....NOONE knows anything!!!!!!!

    Sentiment: Strong Buy

  • just filed
    added about 50,0000 shares
    also check their twitter

    Sentiment: Strong Buy

  • Now spreading to mainstream websites
    The Hill
    The new dark cloud on the island’s horizon is the potential for a banking crisis. Banks in Puerto Rico have been weighed down for several years now by bad loans, pressure on their margins, intense competition, excessive reliance on wholesale funding, and lately the economic consequences of the government’s austerity measures. In recognition of their vulnerabilities, most of the banks are graded very low by the credit-rating agencies.

    Recently, the industry’s outlook took a turn for the worse by a surprise decision on the government’s part to disavow a major tax refund that was supposed to be paid to Doral Bank, one of the island’s largest lenders with assets of $8.5 billion and branches also in New York City and Florida. Doral and Puerto Rico’s Treasury Department had subscribed agreements on these tax receivables on six separate occasions during the past decade, with the latest binding commitment dated March 2012. Since the expected tax refund was part of Doral’s capital base, the news of its cancellation was followed by a swift reaction: Doral’s shares tanked, its ratings were slashed to near-default levels, and the FDIC and Federal Reserve imposed stringent operating restrictions on the bank.

    Why would the island’s government default on a lawful obligation, thereby possibly pushing one of its leading banks into insolvency? The most likely explanation is that, given its own delicate financial position, the government does not wish to part with the $230 million long owed to Doral.

    In recent weeks, the government has also introduced bills in the island’s legislature that would raid the insurance fund (COSSEC) set up by cooperative banks, in order to use that capital for fiscal purposes.

    Governor Alejandro García Padilla is increasingly acting in a penny-wise, pound-foolish manner. The lesson of ample international experience is that when banks teeter and possibly fail, confidence often vanishes and economic cond

    Sentiment: Strong Buy

  • We think further industry consolidation among Puerto Rican banks is possible, depending on potential cost savings (in the case of an acquisition) or possible FDIC assistance (in the case of a bank failure),” S&P said in a research report issued last week.
    “However, despite potential further consolidation, we think competition among the banks for depositors and borrowers is likely to remain intense,” the Wall Street credit ratings agency added.
    The research report said Puerto Rico’s ailing economy and government fiscal problems represent headwinds for Puerto Rico’s banks.
    S&P said Gov. Alejandro García Padilla’s push for a balanced fiscal 2015 budget could further drag on an economy that remains in a recession dating back to 2006.
    The report looked back at the raft of Puerto Rico bank failures in April 2010 as it sought to forecast the impact of further consolidation.
    The Federal Deposit Insurance seized Westernbank, Eurobank and R-G Premier Bank on April 30, 2010 and their assets were quickly auctioned off to competitors.
    In a negotiated transaction, Banco Popular de Puerto Rico purchased Westernbank Puerto Rico from the FDIC with a loss-share agreement covering $8.77 billion in assets. At the time, Westernbank Puerto Rico had approximately $11.94 billion in total assets and $8.62 billion in total deposits.
    The FDIC-initiated transaction also saw Scotiabank de Puerto Rico agree to buy all the assets and deposits of R-G Premier Bank, and Oriental Bank & Trust acquire all the assets and deposits of Eurobank.
    “A few Puerto Rican banks failed over the past decade, which we view somewhat negatively from an industry perspective,” S&P said. “However, we think the industry consolidation in 2010 generally improved loan and deposit market shares, profitability, and funding profiles for the acquiring local banks.”
    “In our view, the acquiring banks have gained market share from other local banks and have been able to access the debt and equity capital markets more successfully

    Sentiment: Strong Buy

  • Reply to

    Looking Good !!!!!!

    by xwallstcfo May 29, 2014 5:55 AM
    xwallstcfo xwallstcfo May 29, 2014 6:08 AM Flag

    Am sticking with minimum price $10-15
    Aggressive target $15-25

    All makes sense why no delisting!!!!! in my opinion

    STRONG BUY!!!!!!!!
    shorts get ready for major pain!!!

    Sentiment: Strong Buy

  • xwallstcfo by xwallstcfo May 29, 2014 5:55 AM Flag

    Puerto Rican Banks: OFG natural choice to purchase a struggling rival

    Rabatin and Race set their $21.50 OFG Bancorp (NYSE:OFG) price target with 10.5x 2015 estimate, but note that there is potential upside from M&A activity. “We believe OFG is the best positioned Puerto Rican bank to potentially benefit from near-term consolidation of a distressed competitor, which could boost full-year EPS by 15%-20% based on our initial modeling,” they write.
    The analysts mention an $8.5 billion asset rival (presumably Doral Financial) that they expect to be sold in an FDIC-assisted transaction. With better regulatory position than most of its peers, the ability to raise more capital, and the experience of integrating BBVA PR they see OFG Bancorp (NYSE:OFG) as the natural choice as buyer.
    Even though they believe that First Bancorp (NYSE:FBP) shares could continue to trade below other Puerto Rican banks as it works to improve its capital structure, Rabatin and Race argue that the current 0.6x TBVPS is too cheap and that value investors should give the bank a look. The discrepancy between current valuations and their $8 price target, which values the company at 0.95x TBVPS, is partially because investors are concerned about FBP’s $236 million worth of exposure to Doral Financial Corp. (NYSE:DRL) But Rabatin and Race don’t expect the loan to ever become non-performing, and expect that it will eventually benefit the bank’s net interest income.

    Sentiment: Strong Buy

  • Reply to

    The public relations war who has the advantage

    by xwallstcfo May 28, 2014 1:49 PM
    xwallstcfo xwallstcfo May 28, 2014 1:51 PM Flag

    There will be a compromise......read between the lines.........!!

EMMS
2.74-0.06(-2.14%)Jul 11 4:00 PMEDT

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