This is tough to time for sure. I have it at 8.05 and have been busy with sports, watching it go down.
Your article was a good one, making a case to be bearish, so be careful coming in, I'd want to see some buying stop the fall first. I considered another average down hoping to get out on a pop, but I'm not sold on that idea yet. The options aren't very liquid either.
Perhaps we get a takeover candidate here, but that could be out there in time.
I have collected written call money dividend from these guys, but it is by far the worst position I own, down about $1300 real dollars.
I am off about $300 unrealized with GE, that's it, and just dipped negative with LNG and its options.
HIMX is my only black mark. I need to get back to stocks but sports funds have been dominating my time.
Let's keep looking at this Chico and stay in touch about it. I'll try to dig something up but your article was very thorough.
Remember, we suffer from Asian worries, (which include tariff), tech worries, and even semiconductor worries specifically, when they arise.
There just might be a better play for your money.
I just hit the Schwab research page for a little bit of info.
It looks like HIMX announces earnings on Thursday, before the bell. That means this recent drop may not bode well.
Analyst see a jump in revenue from the second quarter last year and they expect earnings of literally a half penny per share.
The good news is that it is profit and negative annualized growth seems to be trending the right direction. This could be a play for a longer time frame.
Tough to explain the recent drop altogether but maybe it's best to wait for earnings before considering a buy, not sure it's behaving like it will pop.
Then again, if it does, it will show it Mon-Wed, the time it could bounce up, just as you watch it go...lol.
It's a tough one Chico.