LEDS went up 400%. These guys did that? Cool. Did they Make the stock go down 90% to make it an unbelievable speculation play as CREE rose 100% in the same industry and time frame. Do you think the over speculation and blatant undervalue caused by shorting the stock to an undeserved level might make a difference? Stocks naturally have cycles and patterns. WOW, these guys must be experts at picking trends in social situations and positive accounting and business better performances. . People love the intranet and being mobile. If you take a look at the last years net income you might see it doubling the last 3 quarters. By the time it is positive this could be at book value and a double from today's PPS. Just a guesstimation on my part. The guy sounds like one of those Motley fool guys. How many companies would you have to sort through to find the developements or risk/reward situations?
APPLE and YAHOO have nothing in common. APPLE is one of the most secured sites/structure on the web and Yahoo is OPEN. OPEN meaning open codecs and encourage development from anybody for free. APPLE is closed to all those who dont pay up and kiss their butts. APPLE controls every thing from the store and APPS. APPLE has no FLASH data or language. APPLE will have to partner with a player who will jump the Apple hoops. MOBILE is every thing. People dont use the PC as it is world of phones and tablets. Gambling must be on those platforms and most likely flash and Java.
Some of the buying has been the company as the plan kicks in. The volume has to be high enough for them to collect shares. They have been slowly buying for years. This companies value keeps going up. Its dirt cheap and the company will appreciate with the share holder.
This is no fraud. Sequoia is one of the biggest VC firm in USA. They backed the company. When you see names like Ebay, SINA, Sequoia, Ever Keen Holdings Limited:
Maxpro Holdings Limited: SINA Corp. (SINA) and a unit of China Dongxiang Co., Ltd. reached separate agreements to buy 117.5 million ordinary shares of Mecox Lane from two major shareholders, Maxpro Holdings Ltd. and Ever Keen Holdings Ltd., both wholly owned by Sequoia Capital. The purchase price is $0.8571 per share, equivalent to $6.00 per ADS.
the whole industry is moving up and not just the board. its been left for dead and a few genius investors just saw the book value. the world isn't dying and shipping will return . this will leave a lot of return to those who buy low.
This stock has a 7 dollars book. It is in the (diversified) industry field. They restructured a little and took on contracts like JD or Cat didn't they? They survived and will get more contacts as the competition was destroyed. Usually after the wash out margins pick up with less competition. I think orders will return and the economy will pick up. I dont think the 43% institutional owner will sell now after the panic is over. I would guess we go up higher and the opportunities are not fully priced in yet,
this is going to go to 6 dollars easy. the China government makes to much money of real estate to let it slow down or die off. This company is part of the process the government uses to get revenue. The government has to bring in income especially right now.
I was just looking at the past revenue and net asset growth. This company has looked like a solid company for quite a while.
this is going across the desks of every trading firm in the US. Himax Technologies (NASDAQ:HIMX) is one of today's best performing low-priced stocks, up 14.2% to $3.93 on 7.5x average daily volume. Thus far today, Himax Technologies has traded 4.7 million shares, vs. average volume of 632,000 shares per day.
I think it will happen as more press hits the market. Right now you have a bunch of learned geeks tearing up prototypes. GOOG and BRIN will make this a winning blow over APPL and MSFT. The HIMX last quarter conference call talked of a contract and shipping chips with no name. By the time it is released this will be 5 plus. Non disclosure cement we will not get it from HMIX. This is disruptive technology backed by patents. The market moving, trend setting new developements are taking shape right now. Next month if this pans out the way the dots are being connected we will be very happy.
sorry to see on your knees. The company is doing all it can to prove it self legitimate. Sorry you are to broke and stupid to see it. XIN buys America, pays dividend , communicates and has good books. They are letting you be rewarded by the hot Chinese housing market.