Gentex Corporation (GNTX)

[dmlabuda]

OB = Overbought
OS = Oversold

[Garden Rose]

Dave, the more you talk, the more I learn. Thanks.

[dmlabuda]

That's not entirely true because the oscillators can remain in an overbought or oversold state for a long time while the price continues to go up. Usually, the OB/OS oscillators will coincide with price resistance levels such as 200, 84, or 50 day MAs or previous support and resistance areas. But, in a strong bull or bear market you will see the oscillators remain overbought or oversold respectively for long periods of time. So, in cases like that, watching the trendline and the moving averages for support and resistance is more effective.

[Garden Rose]

Thx Dave, think I get the idea that overbought condiitons indicate a resistance level whereas oversold areas tend to be support. It's a simple statement, but took me a little bit to think it out. lol Sometimes you overlook what's in your face (I seem to have a knack for it)!

[dmlabuda]

Rose, an OB/OS Oscillator is a market indicator that fluctuates above and below a center line or between set levels as its value changes over time. Oscillators can remain at extreme levels (overbought or oversold) for extended periods, but they cannot trend for a sustained period. In contrast, a security or a cumulative indicator like On-Balance-Volume (OBV) can trend as it continually increases or decreases in value over a sustained period of time. (definition was from stockcharts.com)

The oscillators I use in my charting are the RSI, Stochastics and %R. I'm thinking of adding Williams Ultimate Oscillator because it takes momentum into consideration and the other oscillators I use no do not. Here are some of the other Oscillators as defined by John Murphy's wed site stockcharts.com

http://stockcharts.com/search/index.html?q=OB%2FOS%20oscilators§ion=cs&start=0

Hope that helps!

[starbuxsux]

Love how this board is shaping up!

[Garden Rose]

Dave know you are very busy trading, but if after hours you get a chance could you explain further about the OB/OS oscillators and how they give you a clue regarding support at trendlines. Thx.

[starbuxsux]

Nice little dip 'n bounce

[starbuxsux]

OB/OS oscillators

If you could spell out the abbreviations then I will credit you for it here

http://investorshub.advfn.com/boards/board.aspx?board_id=5827

[dmlabuda]

I look at everything. I don't get too excited about short-term trends that are not fully established because I swing trade and yes, I have seen a lot of short-term trends violated. There are usually clues from the OB/OS oscillators that will indicate if support at the trendline is likely. Those clues, in my experience have proven to be the best observations in conjunction with a trendline.

[Penny Roger$]

I guess you like patterns more than trendlines? You have seen patterns trump trendlines more often than not? Thanks for lookin' thought it was comical.

[dmlabuda]

Yup! That's pretty erratic alright!

[Penny Roger$]

lol, yeah.. was a pun.. PF chart.. I used to love chart art. I found Bart Simpson once. Just look at the bottom trend line and the top trend line. There is a reason she bounced there and gap still needs filling. Where she goes from there is anyone's guess though.

[starbuxsux]

LOL!!! What the hell does THAT mean?

[Penny Roger$]

PF chart.. My view on it is a little more erratic. 3 point trendlines might be effective as well.

Confirmed "head and shoulders"

[EZ2]

Quite nice ---- and, swimming against a little rip tide today too!

[starbuxsux]

We are up nicely so far so good!

[EZ2]

U da' man ~~~ no, U da' CHARTMAN!!

TY!

[starbuxsux]

Amazing work bro!!! Thanks for the time spent on this chart. Always appreciate it.

[dmlabuda]

Daily Chart Analysis - Yes, I would venture to say that swing traders following GNTX have had a pretty good time profiting from all the swing I see here. What we currently have on this chart is a broad Head and Shoulder's Top formation. As you may know, a Head and Shoulder's Top is considered a "Kiss of Death" that generally indicates the price will continue lower. According to Head and Shoulder's Price Prediction Methodology (PPM), we can expect prices to fall to approximately $21.75. Given the Oversold conditions of the current market coupled with a recent high volume spike, my opinion is that we could easily see an attempt to rally now that will at least partially fill the breakaway Gap seen between $24.75 and $24.60 (or so) on the chart below. Following that, the price should fall to at least the target price mentioned above. At target price is just that. It's a target and not a prediction of a market bottom. Following a consolidation in the target area, the price could easily continue lower depending upon market conditions at that time. The time for BULLS to take profits here would have been around $30 to $31 at either the Left Shoulder, the Head, or The Right Shoulder when the Stochastics were giving an overbought reading or all three places after reentering your position when the market again became oversold. So, yes, it's been a field day for any technical analyst to swing trade. If we should get stronger rally now back to the 200 candle MA, which would fill both Gaps, then we could see a rare Diamond formation appear on the chart that would most likely indicate sideways to lower prices as well so, the outlook for buy and hold bulls (in my opinion) is not very good right now. Here is the chart: GNTX - Daily Candlesticks

[starbuxsux]

up up and up!

[starbuxsux]

Trader's DREAM chart

[EZ2]

GNTX....I don't trade options ---- but, I guess this is POSITIVE!

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72731659

[starbuxsux]

Let's hope for a good pop right off the start...will check pre market soon.

[EZ2]

That divvy helps keep me in the game ---- I love growth stocks, but I ADORE growth/income stocks!!

[starbuxsux]

AH Trading...
http://www.nasdaq.com/symbol/gntx/after-hours

[starbuxsux]

RECORD VOLUME!!!!!!

[starbuxsux]

THESE ARE THE KIND OF DAYS THAT SEPARATE THE MEN FROM THE BOYS!

[starbuxsux]

Gentex Increases Quarterly Cash Dividend Eight Percent for Two Percent Yield

4:45 PM ET 2/21/12 | Marketwire

Gentex Corporation (NASDAQ: GNTX), the Zeeland, Michigan-based manufacturer of automatic-dimming rearview mirrors and camera-based lighting-assist and driver-assist systems for the automotive industry, commercial fire protection products and dimmable aircraft windows, today announced that its Board of Directors approved an eight percent increase in its quarterly cash dividend rate from $0.12 (12 cents) to $0.13 (13 cents) per share. The Board subsequently declared a quarterly cash dividend of $0.13 per share that will be payable April 20, 2012, to shareholders of record of the common stock at the close of business on April 5, 2012. The dividend yield will be approximately two percent.

"Despite the volatile global macroeconomic environment, our Board believes that the dividend is important to investors," said Gentex Chairman of the Board and Chief Executive Officer Fred Bauer. "Our goal has been to have the dividend rate be meaningful, sustainable and increase over time, at a rate generally in line with the Company's net income and operating cash flow."

The quarterly cash dividend program was implemented based on establishment of The Jobs and Growth Tax Relief Reconciliation Act of 2003, which significantly reduced the federal income tax rate for shareholders who receive corporate cash dividends, making the declaration of a dividend a more tax-efficient means of returning value to shareholders.

"We are pleased with the extension on the favorable tax treatment of cash dividends that is in place through December 2012, and continue to believe that the cash dividend is an appropriate way to return cash to the Company's shareholders based on the current U.S. tax laws," said Bauer.

Safe Harbor Statement

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act, as amended, that are based on management's beliefs, assumptions, current expectations, estimates and projections about the global automotive industry, the economy, and the Company itself. Words like "anticipates," "believes," "confident," "estimates," "expects," "forecasts," "hopes," "likely," "plans," "projects," "optimistic" and "should," and variations of such words and similar expressions identify forward-looking statements. These statements do not guarantee future performance and involve certain risks, uncertainties, and assumptions that are difficult to predict with regard to timing, expense, likelihood and degree of occurrence. These risks include, without limitation, the pace of economic activity in the United States and in international markets, employment and other general economic conditions; worldwide automotive production; the maintenance of the Company's market share; the ability to control costs, including the ability to achieve purchasing cost reductions, control and leverage fixed overhead costs, and maintain margins; the ability to control E,R&D and S,G&A expenses; customer inventory management; competitive pricing pressures; currency fluctuations; interest rates; equity prices; the financial strength/stability of the Company's customers (including their Tier 1 suppliers); potential impact of supply chain disruptions including but not limited to those caused by natural disasters and any other part shortages; potential sale of OEM business segments or suppliers; potential customer (including their Tier 1 suppliers) bankruptcies; the mix of products purchased by customers, the ability to continue to make product innovations; intellectual property litigation risk; the market for Rear Camera Display Mirrors and the success of those products; the success of certain other products (e.g. SmartBeam(R) and other camera-based product development); and other risks identified in the Company's other filings with the Securities and Exchange Commission. Therefore, actual results and outcomes may materially differ from what is expressed or forecasted. Furthermore, the Company undertakes no obligation to update, amend, or clarify forward-looking statements, whether as a result of new information, future events, or otherwise.

About the Company

Founded in 1974, Gentex Corporation (NASDAQ: GNTX) is the leading supplier of automatic-dimming rearview mirrors and camera-based lighting-assist and driver-assist systems to the global automotive industry. The Company also provides commercial smoke alarms and signaling devices to the North American fire protection market, as well as dimmable aircraft windows for the commercial, business and general aviation markets. Based in Zeeland, Michigan, the international Company develops, manufactures and markets interior and exterior automatic-dimming automotive rearview mirrors that utilize proprietary electrochromic technology to dim in proportion to the amount of headlight glare from trailing vehicle headlamps. More than half of the Company's interior mirrors are sold with advanced electronic features, and more than 98 percent of the Company's net sales are derived from the sale of auto-dimming mirrors to every major automaker in the world. Visit the Company's web site at www.gentex.com.

Gentex currently is working to fill a significant number of manufacturing and technical positions, primarily in the electrical, software development and engineering areas. Additional information is available at http://www.gentex.com/careers/.

CONTACT:
Connie Hamblin
616/772-1800
WEBSITE: www.gentex.com


SOURCE: Gentex Corporation

http://www.gentex.com/

[starbuxsux]

RECAP: DIVI NEWS!!!

Gentex announced that its Board of Directors approved an 8% increase in its quarterly cash dividend rate from $0.12 to $0.13 per share

4:48 PM ET 2/21/12 | Briefing.com

[EZ2]

And --- 'that siggy' ---- still cracks me up !!!!

[starbuxsux]

Thanx bro...back atcha!

[EZ2]

Gotcha' marked !

[starbuxsux]

GNTX
LOD $23.39

Currently @ $24.51 and climbing!!!!!!!!!!!!!!!

[starbuxsux]

GNTX
LOD $23.39

Currently @ $24.51 and climbing!!!!!!!!!!!!!!!

[starbuxsux]

Gentex to be hurt by rule delay, says Wells Fargo

After the Department of Transportation decided to delay until the end of 2012 a rule requiring automakers to install rearview cameras on all of their passenger vehicles, Wells Fargo believes that the delay will reduce Gentex's 2013 sales. The firm adds that the delay could enable automakers to find an alternative to Gentex's rear camera display product and it maintains a Market Perform rating on the stock. :theflyonthewall

[starbuxsux]

Backup Camera Rule With $2.7 Billion Cost Delayed Again by U.S.

http://www.bloomberg.com/news/2012-02-28/rear-view-camera-rule-delayed-again-by-u-s-.html?cmpid=yhoo

[starbuxsux]

Just created the damn board yesterday...timing IS EVERYTHING!

[starbuxsux]

Everything needs a start!

Have you seeeeeen this chart???????

[lovethatgreen]

youre all by your lonesome here bud

[starbuxsux]

GNTX is down because the agency is going to miss the deadline! Major major major buying opportunity today

[starbuxsux]

GENTEX CORP. Financials Feb. 22, 2012

http://finance.yahoo.com/q/is?s=gntx

[starbuxsux]

US SMALL/MIDCAPS-Cyclicals rise after data underpins economy hopes

By Ryan Vlastelica

NEW YORK | Tue Feb 28, 2012 1:18pm EST

NEW YORK Feb 28 (Reuters) - Cyclical industries in the small and mid-capitalization space rose on Tuesday as some data reinforced the view that the U.S. economy would continue to improve.

Shares were broadly flat, weighed by weakness in defensive names, as investors found little reason to buy aggressively and extend recent gains.

Small-cap stocks are up 10.6 percent so far this year while mid-caps are up about 12 percent, with their nearly uninterrupted gains prompting some investors to call for a pullback. The S&P 500 is up 9 percent.

U.S. consumer confidence rose more than expected in February to hit a one-year high, according to an industry survey. The reading is key because consumer spending accounts for roughly two-thirds of U.S. economic activity.

"Any news like this will give investors a reason to buy, but after the gains we've had we need something bigger to get people to really start buying," said Michael Matousek, senior trader at U.S. Global Investors Inc. in San Antonio, Texas, which manages about $3 billion.

Matousek said a pullback in stocks is likely, although many traders would use a dip as an occasion to buy.

The S&P MidCap 400 index dipped 0.1 percent while the S&P SmallCap 600 index was flat. The benchmark S&P 500 rose 0.3 percent.

Among mid-cap sectors, consumer discretionary led, gaining 0.4 percent, followed by information technology , up 0.3 percent. The weakest groups were utilities , which fell 1 percent, and telecom, down 0.5 percent. Both utilities and telecom stocks are considered defensive.

Among the most active consumer discretionary names, electro-optical products maker Gentex Corp gained 6 percent to $28.02 while Office Depot surged 16.5 percent to $3.52 after reporting better-than-expected results.
Great Plains Energy Inc was one of the biggest utility drags, falling 2.9 percent to $20.07 a day after reporting fourth-quarter results.

Also in company news, Domino's Pizza Inc surged 12 percent to $37.55 after posting forecast-beating results. The company also said it plans to refinance its existing securitized debt, a process that may include a special dividend for shareholders and more stock buybacks.

Apollo Group, the largest for-profit college in the United States, slumped 12 percent to $45.13 after it said it expects to sign up fewer new students in the second quarter.

[starbuxsux]

U.S. to mandate rearview cameras for cars by 2014, NY Times reports

The federal government is planning to announce this week that all passenger vehicles will have to include rearview cameras by 2014, according to The New York Times. The final version of the rule is expected to be sent to Congress tomorrow, said the newspaper, adding that a preliminary version had previously been circulated for public comment. Gentex (GNTX) markets displays that are used in conjunction with rearview cameras in automobiles.

[starbuxsux]

Gentex announced that its Board of Directors approved an 8% increase in its quarterly cash dividend rate from $0.12 to $0.13 per share

4:48 PM ET 2/21/12 | Briefing.com

[starbuxsux]

Gentex Increases Quarterly Cash Dividend Eight Percent for Two Percent Yield

4:45 PM ET 2/21/12 | Marketwire

Gentex Corporation (NASDAQ: GNTX), the Zeeland, Michigan-based manufacturer of automatic-dimming rearview mirrors and camera-based lighting-assist and driver-assist systems for the automotive industry, commercial fire protection products and dimmable aircraft windows, today announced that its Board of Directors approved an eight percent increase in its quarterly cash dividend rate from $0.12 (12 cents) to $0.13 (13 cents) per share. The Board subsequently declared a quarterly cash dividend of $0.13 per share that will be payable April 20, 2012, to shareholders of record of the common stock at the close of business on April 5, 2012. The dividend yield will be approximately two percent.

"Despite the volatile global macroeconomic environment, our Board believes that the dividend is important to investors," said Gentex Chairman of the Board and Chief Executive Officer Fred Bauer. "Our goal has been to have the dividend rate be meaningful, sustainable and increase over time, at a rate generally in line with the Company's net income and operating cash flow."

The quarterly cash dividend program was implemented based on establishment of The Jobs and Growth Tax Relief Reconciliation Act of 2003, which significantly reduced the federal income tax rate for shareholders who receive corporate cash dividends, making the declaration of a dividend a more tax-efficient means of returning value to shareholders.

"We are pleased with the extension on the favorable tax treatment of cash dividends that is in place through December 2012, and continue to believe that the cash dividend is an appropriate way to return cash to the Company's shareholders based on the current U.S. tax laws," said Bauer.

Safe Harbor Statement

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act, as amended, that are based on management's beliefs, assumptions, current expectations, estimates and projections about the global automotive industry, the economy, and the Company itself. Words like "anticipates," "believes," "confident," "estimates," "expects," "forecasts," "hopes," "likely," "plans," "projects," "optimistic" and "should," and variations of such words and similar expressions identify forward-looking statements. These statements do not guarantee future performance and involve certain risks, uncertainties, and assumptions that are difficult to predict with regard to timing, expense, likelihood and degree of occurrence. These risks include, without limitation, the pace of economic activity in the United States and in international markets, employment and other general economic conditions; worldwide automotive production; the maintenance of the Company's market share; the ability to control costs, including the ability to achieve purchasing cost reductions, control and leverage fixed overhead costs, and maintain margins; the ability to control E,R&D and S,G&A expenses; customer inventory management; competitive pricing pressures; currency fluctuations; interest rates; equity prices; the financial strength/stability of the Company's customers (including their Tier 1 suppliers); potential impact of supply chain disruptions including but not limited to those caused by natural disasters and any other part shortages; potential sale of OEM business segments or suppliers; potential customer (including their Tier 1 suppliers) bankruptcies; the mix of products purchased by customers, the ability to continue to make product innovations; intellectual property litigation risk; the market for Rear Camera Display Mirrors and the success of those products; the success of certain other products (e.g. SmartBeam(R) and other camera-based product development); and other risks identified in the Company's other filings with the Securities and Exchange Commission. Therefore, actual results and outcomes may materially differ from what is expressed or forecasted. Furthermore, the Company undertakes no obligation to update, amend, or clarify forward-looking statements, whether as a result of new information, future events, or otherwise.

About the Company

Founded in 1974, Gentex Corporation (NASDAQ: GNTX) is the leading supplier of automatic-dimming rearview mirrors and camera-based lighting-assist and driver-assist systems to the global automotive industry. The Company also provides commercial smoke alarms and signaling devices to the North American fire protection market, as well as dimmable aircraft windows for the commercial, business and general aviation markets. Based in Zeeland, Michigan, the international Company develops, manufactures and markets interior and exterior automatic-dimming automotive rearview mirrors that utilize proprietary electrochromic technology to dim in proportion to the amount of headlight glare from trailing vehicle headlamps. More than half of the Company's interior mirrors are sold with advanced electronic features, and more than 98 percent of the Company's net sales are derived from the sale of auto-dimming mirrors to every major automaker in the world. Visit the Company's web site at www.gentex.com.

Gentex currently is working to fill a significant number of manufacturing and technical positions, primarily in the electrical, software development and engineering areas. Additional information is available at http://www.gentex.com/careers/.

CONTACT: Connie Hamblin 616/772-1800 WEBSITE: www.gentex.com

SOURCE: Gentex Corporation

http://www.gentex.com/