Joy Global: When Will We See The $1 Billion Write-Down? [View article]
GreensKeeper, thanks for the praise. I agree with you on the fundamental front. I'm not pitching the JOY short as an investment, I'm pitching it as a trade. I think you would agree that JOY will take a sizable hit when a significant goodwill impairment is recorded. The management loses considerable credibility after not discovering a fraud a year post its acquisition. I think the stock will trade to the mid 50s. The reason I don't think the stock is off more probably relates to the quality of articles published on SA in general, like the other SA article on JOY this morning. No mutual fund manager who owns joy would come to SA looking for investment advice, nonetheless, I think you will see impact in the market as information propagates.
Uni-Pixel: Bright Future Promised By Clouding The Gruesome Reality For The Less Informed [View article]
I'd like to highlight that the Nanomarkets projection was published September 2012. And all your premise is based on a functioning technology; I have listed a number of reasons, on a scientific ground, it doesn't even have a functioning technology. It's one thing to make a prototype with coppery color..its another thing to roll to roll manufacture lots of them in an efficient way. And this will be my last response to you mr.hofmann.
I'm defin waiting for 5 dollar a share before I'd make a move covering...definitely not covering here..This is when things start to go downhill real fast..Learn how the past scams had played out, you'll see how this one will play out...
Joy Global: When Will We See The $1 Billion Write-Down? [View article]
I read the entire prospectus and didn't see anything about IMM terminating relationship with the two individuals involved. Mr.Williams resigned before it going public and Mr.Li stayed on as a director. I tend to agree that IMM seems to be a higher quality deal than ERA, but just because JOY did not catch it doesn't necessarily imply problems do not exist. Caterpillar has a much larger existing Chinese operation which requires integration while it's not necessarily the case for JOY. The mgmt of IMM is most likely left to keep doing what they had been doing in the past with little outside interference. Therefore, I'm not sure whether it would be safe to conclude all's well just because JOY hasn't done anything up until today.
On a separate note, if you could read the prospectus and know ERA is a piece of crap and IMM is clean; I do not think ERA could have ever become a public listed company in HK. I read the IMM prospectus and I don't have a clue whether it's clean or not...I welcome you to highlight the "we are clean" part of the IMM prospectus and "we are a piece of crap" part of ERA's...
Uni-Pixel: Independent Market Analysis Suggests Losses For 2013 [View article]
Dude, you sure got a lot of time writing analysis after analysis for a 200mil small cap..aren't there more interesting stories for you to look at.. I thought the swatch register/bearer share class arb trade was pretty interesting, 77 francs spread now and 40bps carry on the short side, you should look into that. Take a break from analyzing UNXL..really not much to analyze there..I think it blows up in a few months
Uni-Pixel: Bright Future Promised By Clouding The Gruesome Reality For The Less Informed [View article]
I'd like to make one last note as to why UNXL is a compelling short. In all cases of pump-and-dump, you can always find a couple key ingredients. 1. A lot of investors who are "long" and writes articles supporting the story and preaching the story to unsuspected retail guys. 2. When negative information comes to light, you see the same "long" guys go on and stick with their story without the slightest acknowledgement of the underlying problems. 3. Sometimes, you have a complicit management which has a lot to gain from pumping the stock. Frankly, if UNXL does have a real multi-million dollar deal signed and is on track to make 120 million in revenue with 50% gross margin this year. My story should be least of its concerns. The stock will go through the roof regardless of what I say...So there's no need for an indirect press release through Mr.Hofmann or whatever other channel to say my article is misleading. 4. Another article, with largely the same content as Mr. Hofmann's article appear immediately after my article in an attempt to support stock price. It tells me at least somebody's terrified at the prospect of a lower stock price. It doesn't take much to see which side is more biased. 5. To all the momo traders out there, buyer beaware. It's a pump and dump scheme and there's a eventual dump. Get ready for that so the manipulators aren't going to dump all the stocks to you.
This will be the last message I leave for the article. It's pointless to waste my time or energy to argue with anybody supposedly "long" the stock. Good luck if you are really longing the stock after reading the story though! I really don't mind where the stock goes tomorrow cuz I know where it will be 2-3 months from now. Cautious investing to all!
Uni-Pixel: Bright Future Promised By Clouding The Gruesome Reality For The Less Informed [View article]
Chris, I don't want to argue with you about the market size. I'm citing numbers from nanomarkets as well as the company itself and that's who you should be arguing with. I did mention the alternative non-ITO technologies but the non-ITO technologies are primarily designed for larger touch screen display, a market currently doesn't exist. ITO works just fine for smaller screens and tablets. Besides, the real costly part of ITO is the manufacturing process, not the material itself. Being able to sign partners with undisclosed terms doesn't say much to me. And nor could you claim the color of copper is grey...
Westport Innovations: A Failing Business With An Undisclosed Material JV Stake Transfer [View article]
Long passage and I don't disagree with you nobody can predict the future. The issue at hand, however, is the recent moves in gross margins of both JVs. Further, I just want to note Cummins has to right to purchase CWI at a low multiple in 2019 and it can introduce competing products in 2017. What leaves you convinced about the value of Westport given they sold 3 engines in the last quarter? It doesn't appear to me the product they have is sizzling hot. The UPS contract you reference is also a CWI contract that's in the working. I find it surprising that you are not concerned at all by the lack of disclosure of the company on Weichai Westport. Further, how could you not be concerned when the Company attributes lower gross margin to product mix and aggressive penetration efforts when facts speak to the contrary? Their SEC filings are WRONG. It is not innuendo...
UniPixel: Hey Citron, Where's The Beef? [View article]
The reason they've been so evasive in answering the real key question is they DO NOT have a viable product, period. They want to make investors believe they do so they can raise capital from the market.
UniPixel: Hey Citron, Where's The Beef? [View article]
Scott, I want to offer you a 50,000 dollar bet that Unipixel will be below 25 dollar a share in a year. We can draft up an agreement and deposit the cash into a third party. You got the gut to take the bet?? We can get the terms finalized today. Everything done properly.
Kodak was not mentioned even once. I challenge you to cite the specific statement that's embeded in the prospectus. Where is Kodak in the prospectus????There's none, zero.
UniPixel: Hey Citron, Where's The Beef? [View article]
1. Nicely adding those conditions. And come on don't eat your own words. Last message you were saying I lied to everybody and should be using the touch panel numbers??? Who's waving a web of lies here Scott?
2. Scott, you may be paying the wall street journal to read the wall street journal. Does the wall street journal have a financial interest to help you? Ben may have ties to Cambrios and Nanoforge, but it's a long stretch to conclude he is biased against Unipixel. You keep on saying its a huge market there could be a lot of winners. Why does Ben need to badmouth Unipixel?
3. Just because the stock went up 500% in a few months does not mean the company is not a scam. Look at all the past scams. Stocks are frequently up a few hundred percent before they completely collapse. What's the point of doing any analysis if you can conclude a stock is a great investment just because it's up a lot? You are better than this come on.
I agree you should stop responding because the more you say, the less sensible you sound. I'm here to break your streak of making nonsensical intelligent sounding statements. Somebody is hurting a lot of people. It's shameful to be deceiving investors and promoting a scam to the investing public. I'm frankly disgusted at this point.
UniPixel: Hey Citron, Where's The Beef? [View article]
Scott, you are completely WRONG on this one. It is complete nonsense. If they put UniBoss into a JV under a 50/50 term, the mgmt need to disclose that investors before selling shares. Also, entering into a 50/50 agreement with Kodak would be no different to selling half of UniBoss to Kodak as far as I'm concerned. While may not be 100% accurate, Citron's not wrong in saying Unipixel sold half of UniBoss to Kodak because that's what a JV is. Further, it's no speculation if it's confirmed with Kodak's bankruptcy adviser. The management needs to tell everybody what kind of deal they signed with Kodak and they absolutely need to have done it before selling shares.
You've got to be kidding me that this management is doing an excellent job abiding by the laws in terms of their filings. They sold shares without telling people they gave up half of economics on their only viable product. Investors thought they were buying 100% of UniBoss when they subscribed to the offering, period. What they are doing is illegal.
Btw, last earnings call, Reed said it takes him two weeks to get a line to start working. It's a breeze for them to ramp up production and all's left is to buy machines...if those statements were true, why don't they just buy machines? What's the point of the JV. They have been lying all along. More, in the call with the ecosystem partner, the management gave zero roadmap to revenue opportunities. Nobody has even ordered their product, where's the rush to give up half of their awesome revolutionizing technology?? The story does not add up no matter how you look at it. You'd either have to be the most gullible person on earth or something much worse to be promoting the story as all's sunshine at this point.
You need to stop promoting your speculation and tell the company to put out a press release to fully disclose their relationship with Kodak. Investors deserve to know what they bought! Is it half of UniBoss economics or 100% of Uniboss economics. It's black and white.
UniPixel: Hey Citron, Where's The Beef? [View article]
GRA, it's the management's responsibility to clarify for investors who bought into their well-time secondary offering. Did they enter into a 50-50 JV with Kodak on manufacturing Uniboss and splitting economics half half? Citron seems to think that is the case from speaking with Alvarez. If this were true, management selling shares without disclosing is incredibly problematic and disgusting. Investors were also told as recent as last week that the management has the capacity to ramp up production without raising any additional financing. It's purely laughable to say Alvarez is biased. Kodak will be effectively owned by the creditors after it come out of bankruptcy...
The key question here is simple. For the investors who bought into the offering on Wednesday night, did they buy 50% of Uniboss or did they buy 100% of Uniboss economics? I bet you investors bought into the deal thinking they were buying 100% of Uniboss but it appears they are really only buying into 50%. Who's minding the gate? How could the company not put out a formal press release to address this? GRA, I don't think you have the capacity to address this issue. So call Reed and tell him to clarify!
Uni-Pixel Has Ballooned From Hype, Not A Better Technology [View article]
He's clearly waiting for his 25 dollar/hr paycheck from Unipixel for diligently twitting and responding to every piece of negative opinion about UNXL...
Joy Global: When Will We See The $1 Billion Write-Down? [View article]
Uni-Pixel: Bright Future Promised By Clouding The Gruesome Reality For The Less Informed [View article]
Why Is Uni-Pixel Falling? [View article]
Joy Global: When Will We See The $1 Billion Write-Down? [View article]
On a separate note, if you could read the prospectus and know ERA is a piece of crap and IMM is clean; I do not think ERA could have ever become a public listed company in HK. I read the IMM prospectus and I don't have a clue whether it's clean or not...I welcome you to highlight the "we are clean" part of the IMM prospectus and "we are a piece of crap" part of ERA's...
Uni-Pixel: Independent Market Analysis Suggests Losses For 2013 [View article]
Uni-Pixel: Bright Future Promised By Clouding The Gruesome Reality For The Less Informed [View article]
1. A lot of investors who are "long" and writes articles supporting the story and preaching the story to unsuspected retail guys.
2. When negative information comes to light, you see the same "long" guys go on and stick with their story without the slightest acknowledgement of the underlying problems.
3. Sometimes, you have a complicit management which has a lot to gain from pumping the stock. Frankly, if UNXL does have a real multi-million dollar deal signed and is on track to make 120 million in revenue with 50% gross margin this year. My story should be least of its concerns. The stock will go through the roof regardless of what I say...So there's no need for an indirect press release through Mr.Hofmann or whatever other channel to say my article is misleading.
4. Another article, with largely the same content as Mr. Hofmann's article appear immediately after my article in an attempt to support stock price. It tells me at least somebody's terrified at the prospect of a lower stock price. It doesn't take much to see which side is more biased.
5. To all the momo traders out there, buyer beaware. It's a pump and dump scheme and there's a eventual dump. Get ready for that so the manipulators aren't going to dump all the stocks to you.
This will be the last message I leave for the article. It's pointless to waste my time or energy to argue with anybody supposedly "long" the stock. Good luck if you are really longing the stock after reading the story though! I really don't mind where the stock goes tomorrow cuz I know where it will be 2-3 months from now. Cautious investing to all!
Uni-Pixel: Bright Future Promised By Clouding The Gruesome Reality For The Less Informed [View article]
I did mention the alternative non-ITO technologies but the non-ITO technologies are primarily designed for larger touch screen display, a market currently doesn't exist. ITO works just fine for smaller screens and tablets. Besides, the real costly part of ITO is the manufacturing process, not the material itself.
Being able to sign partners with undisclosed terms doesn't say much to me. And nor could you claim the color of copper is grey...
Westport Innovations: A Failing Business With An Undisclosed Material JV Stake Transfer [View article]
UniPixel: Hey Citron, Where's The Beef? [View article]
UniPixel: Hey Citron, Where's The Beef? [View article]
UniPixel: Hey Citron, Where's The Beef? [View article]
Kodak was not mentioned even once. I challenge you to cite the specific statement that's embeded in the prospectus. Where is Kodak in the prospectus????There's none, zero.
UniPixel: Hey Citron, Where's The Beef? [View article]
2. Scott, you may be paying the wall street journal to read the wall street journal. Does the wall street journal have a financial interest to help you? Ben may have ties to Cambrios and Nanoforge, but it's a long stretch to conclude he is biased against Unipixel. You keep on saying its a huge market there could be a lot of winners. Why does Ben need to badmouth Unipixel?
3. Just because the stock went up 500% in a few months does not mean the company is not a scam. Look at all the past scams. Stocks are frequently up a few hundred percent before they completely collapse. What's the point of doing any analysis if you can conclude a stock is a great investment just because it's up a lot? You are better than this come on.
I agree you should stop responding because the more you say, the less sensible you sound. I'm here to break your streak of making nonsensical intelligent sounding statements. Somebody is hurting a lot of people. It's shameful to be deceiving investors and promoting a scam to the investing public. I'm frankly disgusted at this point.
UniPixel: Hey Citron, Where's The Beef? [View article]
You've got to be kidding me that this management is doing an excellent job abiding by the laws in terms of their filings. They sold shares without telling people they gave up half of economics on their only viable product. Investors thought they were buying 100% of UniBoss when they subscribed to the offering, period. What they are doing is illegal.
Btw, last earnings call, Reed said it takes him two weeks to get a line to start working. It's a breeze for them to ramp up production and all's left is to buy machines...if those statements were true, why don't they just buy machines? What's the point of the JV. They have been lying all along. More, in the call with the ecosystem partner, the management gave zero roadmap to revenue opportunities. Nobody has even ordered their product, where's the rush to give up half of their awesome revolutionizing technology?? The story does not add up no matter how you look at it. You'd either have to be the most gullible person on earth or something much worse to be promoting the story as all's sunshine at this point.
You need to stop promoting your speculation and tell the company to put out a press release to fully disclose their relationship with Kodak. Investors deserve to know what they bought! Is it half of UniBoss economics or 100% of Uniboss economics. It's black and white.
UniPixel: Hey Citron, Where's The Beef? [View article]
The key question here is simple. For the investors who bought into the offering on Wednesday night, did they buy 50% of Uniboss or did they buy 100% of Uniboss economics? I bet you investors bought into the deal thinking they were buying 100% of Uniboss but it appears they are really only buying into 50%. Who's minding the gate? How could the company not put out a formal press release to address this? GRA, I don't think you have the capacity to address this issue. So call Reed and tell him to clarify!
Uni-Pixel Has Ballooned From Hype, Not A Better Technology [View article]