Damn that sucks. Yeah a 5% trailer is too tight on a low dollar volatile stock like HIMX, especially when there is no clear trend yet. Trailing stops are useful when you have clearly defined pullbacks that the stock is respecting. Like I am paying attention to the 100 day moving average and the $7.75-$8 area on HIMX since those are areas that have served as support for the stock. Also, a good rule of thumb is to look for prior breakout levels to turn into areas of support. To be honest I don't have a hard stop on this. I'm looking longer term on it and I'm just kind of winging it for right now waiting for support to develop. It's not the best way to do things lol, but I guess I would be getting worried about this stock if it broke 7.90 and didn't rally back quickly.
What's everyone's thoughts on CSCO? Their numbers missed and the forward looking is bad. Emerging markets took a big hit too. But damn, they're getting slammed. Overreaction or a trend down to the teens? I'm tempted to up my position to take advantage of overreaction recovery but I've done that before and they headed on down and forced me to hold long.
Buy all the himx you can don't worry about price google glass will change the world and oculus rift will change gaming. Himax is in both, they are the chipmaker who owns 75% of the lcos market....google it....and lcos is projected to grow by 112% annually over the next 4 years.....again google it. Himax isn't a google glass or oculus only play bc they did $737m last year without either but both will be massive and himax is probably $30+ in 2-3 years.....that's still under a $5b market cap bc it's $1.6b today.....
This made me really happy. The insider journalist who wrecked CPRX was all in on SRPT, so I get to taste his tears on twitter. CPRX will come back, but SRPT will take years if it ever comes back. In retrospect, why the hell was it ever above 50 in the first place?
It's main competitor got shot down by the FDA and we were all expcting AA.. it's going to come back.. they just need to do a phase 3.
Maybe for a bounce, but I still don't like buying here for an investment. It is going to take a long time for this stock to find a clear bottom due to all the hype around it before imo.
I'd stay away from TSLA if I were you. Unless there is some good news on the horizon, this thing is still a falling knife IMO. There are quite a few investors that are watching their massive profits disappear and with EOY (Hedgefunds and MMs) and Christmas (individuals) coming up, I think more will be selling at least part to lock in what profits are left. I don't see too many reasons to run out and buy this one.
buy LULU, kills two birds with one stone - buying an attractive opportunity AND (more importantly) supporting yoga pants
Bought some back in october for around 200 each. Sold 2 today to make my investment back. So from here on out. It's all profit. People are buying it around the world at alarming rate. http://fiatleak.com/ Probably has something to do with the senate hearing today to let bitcoins stay http://blogs.wsj.com/moneybeat/2013/11/18/bitcoins-price-zooms-ahead-of-u-s-senate-hearing/
