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Re: cliffvb post# 516

Thursday, 06/13/2013 11:59:05 AM

Thursday, June 13, 2013 11:59:05 AM

Post# of 113999
HIMX -.43 to 5.78, correcting sharply after announcing 22M shares for sale by a major shareholder .... roughly 13% of shares o/s. Stock hit a high of $8.19 last month.

Still not cheap at 14x analyst estimates for 2013, but it's strong growth story in the semiconductor sector, so probably won't drop too much more.

I began accumulating shares this morning and will be adding on further weakness.

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