NASDAQ:HIMX
HIMAX TECHNOLOGIES INC - AMERICAN DEPOSITARY SHARES, EACH OF WHICH REPRESENTS TWO ORDINARY SHARES
Shares of Himax have been pushed downward into oversold territory due to downgrades and fear from investors regarding the release date of Google Glass. I believe it may have bottomed out at $6.62 earlier this month and am now looking for a continued reversal back to the $9 to $10 range and possibly higher. Not only because Glass is now available for sale, but because Himax is a strong company with a market cap of $1.2 billion and is showing consistent year-over-year growth. This stock is currently trading at a very cheap valuation.
For my complete opinion on Himax visit http://www.fdrinvestmentgroup.com/2014/05/round-two-for-himax-technologies-himx.html
For my complete opinion on Himax visit http://www.fdrinvestmentgroup.com/2014/05/round-two-for-himax-technologies-himx.html
2use
Im afraid it is going to 4.84 - pity, it was a nice run last year
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timwest
Looks like HIMX is just back to key support from the longer term chart, just further back in time from your chart. Thanks for the reminder to revisit this stock back down here.
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