Himx barely missed expectations, coming in at .05/share. Analysts were expecting .06. However, Himx guided lower at .03-.05 per share. Also, they guided revenues substantially lower, to $170m or so. That's not good. The positive, margins will be stronger. If we're fortunate, it's already priced in, as the stock has dropped steadily from 3.50 or so to 2.68 now. If not, we may see Himx test 2.50 or so, support put in last Spring. Worst case, if it falls apart, we see a quick knee jerk reaction and revisit lows of $1.75 or so intraday, we saw the beginning of this year. I don't think that will happen, but in a weak market, we're likely to see 2.50 taken out. I'm on the hook at 3.25/share, so will have to wait. I unloaded 1/2 my position at 2.91 the other day when it began to fall apart.

A technical positive, it's trading below the 50 day mva, with RSI below 30. We may hold 2.50. It all depends on the overall market tomorrow.

Jobe