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AU Optronics (AUO +7.9%) is posting huge gains, apparently thanks to favorable comments from...

  • Thursday, December 13, 2012, 1:42 PM ET
    AU Optronics (AUO +7.9%) is posting huge gains, apparently thanks to favorable comments from rival LCD supplier Chimei Innolux. Chimei says it expects 2013 sales to rise 10%, welcome news for an industry hit hard in 2012 by slumping TV demand. AU's gains come in spite of a Digitimes report claiming the company's capacity will drop 7% this month due to a "high voltage circuit drop" at a Taiwanese facility. LCD glassmaker Corning (GLW +0.7%) is outperforming, but LG Display (LPL -1.6%) isn't.
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This news story has 3 comments:

  •  
    "LCD glassmaker Corning (GLW +0.7%) is outperforming" Have to laugh when .7% is what we talk or care about concerning trading or outperforming and that equals about 9 cents. It's long past the time to hang up the hat.
    13 Dec 2012, 02:42 PM Reply Like
  •  
    Keep in mind the NASDAQ's down 0.9%. So it was meaningfully outperforming for a while. But it looks like shares are now near breakeven.
    13 Dec 2012, 02:47 PM Reply Like
  •  
    I understand the comparison. My biggest concern is as a trader. A 9 cent move in a stock is so inconsequential unless your a high frequency trader it means little or nothing these days.
    16 Dec 2012, 04:18 PM Reply Like
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