Since the release of earnings and more information with their Uni-Boss, UNXL has been losing it's grip by Short Sellers, it's a fun stock to trade intra-day or over a two or three day period. SeekingtheAlpha has been brutal on this stock, rumors drove it down to $11, so it's not the safest stock to trade but is it possible that with news that UNXL and ATML can co-exist instead of irrational pricing of the Next-Gen touch, can UNXl make it back to $20.00? Play this one safe!
I picked up some more shares today in the $16.+ range, the CC was good enough for me, plenty of cash with Kodak and a few rumored P.C. Makers validating us. I want $21-$24 by October for those shares, if they drive up the stock in less time, they can keep them. UNXL has held great, love it!
The factory is on schedule, as I said after their Earnings Report, things are finally looking better! More visibility means less rumor! The Shorts are not going to get their shares to cover unless those analysts who walked through their Plant are stupid. The Kodak emergence from BK along with another few rumors of Tier 1 partners, we might get $20 before October! Very cool!
Will someone please tell me of the significance of the Adjusted Close for today with UNXL? I think this is the highest since the Seeking the Alpha writers said the "Uniboss" product was a lie. Now, great news, analysts have been checking out the factory according to the news I got from "Fly on the Wall" and more Road Shows on September 7, 2013. If those Tier 3 brokers estimates are even close, revenue growth is going to be exponential! Good Luck with UNXL, we must keep a stop-loss to avoid getting slammed into the ground!
Update, after closing my Speed Trader account I added some UNXL at $19.43 to a position I held since earnings. What if Kodak (In BK restructuring) comes back strong all those price targets from Tier 3 Brokers are close? Most of the Elite Traders who follow Wall Street are not thrilled with LTS, JMP and Merriman. I like Roth Capital but do not see them on the list of following analysts. She sure wants to hit $20, if so I will take some off the table!