Seeking Alpha

The Himax Express (HIMX +13.1%) refuses to slow down: shares are storming to new multi-year...

The Himax Express (HIMX +13.1%) refuses to slow down: shares are storming to new multi-year highs in the absence of major news. This morning, rival eMagin (EMAN +3.2%) announced its Color OLED-XLS microdisplay line, which it claims is 4x as bright as "the current industry standard," and consumes half as much power for a given level of brightness as eMagin's current offerings. Himax's short interest has been growing - it rose from a mere 100K shares on Feb. 15 to 1.5M shares on June 30 - but still amounts to just a small fraction of its float. (yesterday)
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