you should've its $9.73 now and it will be $15 by the time glass is launched.Yesterday the street posted a very bullish himax piece, remember himax is going to control 75% of the LCOS market. Google,Microsoft and Samsung will all have "glass" type products and all are currently himax customers, so the growth of that wearable technology will benefit himax Remember this thing was $3 a few months ago then it was $6 and now it's $9 all within a few months so profit taking is always going to happen Here's the article from yesterday, I personally think anything under $10 is a gift bc 2014 earnings are .60 so thats cheap for a growth company, and Mark Gomes the guy who called Himax being in google glass on SeekingAlpha says his projections are $1.18 EPS which would make Himax a $20 stock.... Himax, The Stock To Benefit Most From Wearable Technology
I'd like to maybe pick it up long around 8.50. Let's see how it retests that 9.35 low. Some technical indicators on it don't look great so no reason to jump right on it. You should have some time.
Twitter pricing 70 million shares between $17-$20....boooo! I wanted it to be 20 million shares at $70! AMZN beats....up big MSFT beats....up big
I feel like shorting amazon today. Why aren't they priced like Walmart? Instead they are valued like a software company?
Because it's growing a lot faster than WMT and they do have other businesses that WMT doesn't have. Just saw someone post this on twitter
yet AMZN doesn't make money. We've been hearing for many years that profits will come, but they still aren't here.
They could if they didn't reinvest it right back in. It's a long term play. Investors are okay with that line of thought apparently, so it's working for him.
It's all about logistics, right? That's how Walmart beat their competitors in the past. The won off of logistics and eventually scale. Amazon has been putting massive investments into logistics, from buying the warehouse robotics company, to local distribution points for same day delivery (allegedly), to those refrigerated warehouse for grocery deliveries, etc. Maybe those won't work. If they do then it's game on, they're way ahead of the logistics game at that point.
CAPEX isn't taking away from their bottom line, unless you believe depreciation is eating away all of their "profits"
Amazon makes a whole lot of money on technology services no one has heard of - Amazon web services, hosting, etc. So they are somewhere between a retailer and a tech company.
really robbie you want $8.35 on HIMX?? I will bet anything we never see that again. WTF kind of trader are you? You're calling for a 27% retracement off the highs on a growing company who has an enormous future ahead of it and o they pay a nice dividend and have for a while. WTF makes you think it will retrace another 12% from here with earnings in 2 weeks and a possible beat along with most importantly incredible forward guidance with Q1 possibly being the release of google glass. Sure I'd love to buy more at $6.55 as well but its not gonna happen and neither is your $8.35 BS
today the muddy waters piece on NQ mobile that sank it over 50% put alot of pressure on asian companies as it once again raised red flags on their accounting, but im sure google did plenty of homework on himx before buying 6.3% of the company
I don't trade equities, (I only trade metals) but I looked at HIMX just now. I think we will sooner see the 8.50 handle then seeing new highs on this stock. I would ideally like to buy it around 7.50-8.00 range which is where I think it's going next.
On what basis are you making this educated guess? Do you even know what products are coming in their pipeline or are you just looking at technicals.
I'm looking at the technicals. I'm a professional metals trader for about just over 10 years now. I don't know about the products in their pipeline. Long term you probably may be right fundamentally, but short to mid term trading is based on technicals from the big investment houses.
ok well mr birghtside, no offense but your expertise in technicals in commodities has nothing to do with HIMX. HIMX is a semiconductor company who is the flat out leader in LCOS technology and has umpteen emerging catalysts for why it's going to $12 before it goes to $7.50 1.google glass....could be huge 2.microsoft goggles 3.samsung goggles 4.oculus rift......could be biggest gaming thing ever 5.emerging chinese cell phone market so all those catalysts aside without knowing what the company produces and the fact that earnings are probably going to be good on nov 4th and the guidance they give will probably include google glass production for q1 delivery.....himx has more green lights than red lights here. The sell off today hit all asian equities for fear trades. Look at FENG another favorite of mine fell off 12% for no reason and I bought some at $10.70. The NQ mobile article today sent NQ mobile down over 60% at one point and it caused a wave of selling in asian equities. They all got hit, many with nothing wrong. So traders like robbie can sit and talk like they're the smartest person in the room but robbie has been dead wrong on 2 of my trades 1.he said himx was overvalued before and it rose another 30% 2.he told me my iag purchase 3 weeks ago was a bad trade at $4.60 and it's $5.37 today so if you follow robbie and his garbage analysis you get garbage results. Im not a technical trader but I know how to buy low and sell high while robbie is over here giving out nonsense and flopping on all his spiteful calls on my trades. Meanwhile I keep lol-ing at how wrong he was on HIMX and IAG, hopefully third time will be a charm for bob