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Himax (HIMX) -8.2% AH after filing an F-3 that will allow the company and top customer Innolux...

Himax (HIMX) -8.2% AH after filing an F-3 that will allow the company and top customer Innolux to respectively sell 25.5M and 25.4M shares (collectively 30% of outstanding shares) in future public offerings; no offering is planned for now. Himax's huge run-up over the last 6 months likely has something to do with the filing. Q1 results arrive on May 7. (PR)
Comments (6)
  • acesfull
    , contributor
    Comments (352) | Send Message
     
    Ouch.
    30 Apr 2013, 07:47 PM Reply Like
  • slash32is4
    , contributor
    Comments (137) | Send Message
     
    could they think the stock will fly high after earnings in the next week? or do they think shares are too high now?
    30 Apr 2013, 08:04 PM Reply Like
  • Stock Market Mike
    , contributor
    Comments (2261) | Send Message
     
    It might be to raise capital for the Google Glass ramp up later this year? (Hence why no offering is planned yet...)
    30 Apr 2013, 08:14 PM Reply Like
  • dan05221
    , contributor
    Comments (9) | Send Message
     
    It's simple, Someone has it in for himax, it's been in the news in taiwan for weeks that this megalomaniac who shall not be named was going to unload all the himax shares owned by chimei under innolux. It's nice to be so rich that you can neglect your fiduciary responsibilities in order to carry out a vendetta. I'd say hold tight, have you seen ironman3, it's a two hour commercial for google glasses. This is where google can step in and scoop up a large piece of it's tech provider ensuring the stablity of operations into the future, and they'll get it all cheap.
    30 Apr 2013, 10:55 PM Reply Like
  • getreal10000
    , contributor
    Comments (229) | Send Message
     
    Is it worth holding onto, or better to sell first thing tomorrow morning and get the pain over with?
    1 May 2013, 01:35 AM Reply Like
  • bernard_k50
    , contributor
    Comments (160) | Send Message
     
    The rise in short interest from 500.000 to almost 2 million last month is pretty big. Some party must have had insider info and I think this must be reported to the SEC. It should not be hard to find out who is sinking this ship. Looks to me there's a rat in the kitchen....
    1 May 2013, 06:24 AM Reply Like
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