UniPixel (UNXL -26%) crashed today in the absence of major news. Williams Financial's Cody...


UniPixel (UNXL -26%) crashed today in the absence of major news. Williams Financial's Cody Acree, who rates shares a Buy: "There were a lot of speculative things today, a lot of which probably got blown out of proportion." Among other things, Acree notes a recent Apple patent application for a large-display touch sensor panel (not a competitive threat), and the fact a 13G filed by Goldberg Capital notes the firm's stake in UniPixel has fallen to 5.25% (Acree says this is only due to dilution from the stock offering). Shares still +99% YTD.

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Comments (18)
  • Greenfire87
    , contributor
    Comments (656) | Send Message
     
    Makes a nice buying opportunity! Backin' up the truck!
    17 May 2013, 06:57 PM Reply Like
  • Ashraf Eassa
    , contributor
    Comments (9710) | Send Message
     
    Damn, should have held my short longer...
    17 May 2013, 06:59 PM Reply Like
  • Chris DeMuth Jr.
    , contributor
    Comments (11054) | Send Message
     
    UNXL sold 1/2 of their top business line for about $1.25/share. The entire company is probably worth slightly more -- somewhere between $2-3 per share. This raises the question of whether it is UniPixel itself that is blown out of proportion.
    17 May 2013, 07:00 PM Reply Like
  • Greenfire87
    , contributor
    Comments (656) | Send Message
     
    Chris jr.,
    would you mind sharing your info source please.
    17 May 2013, 10:28 PM Reply Like
  • Chris Hofmann
    , contributor
    Comments (756) | Send Message
     
    Wow... people actually think that they sold half of the company for $1.25? that is insane. It honestly amazes me how foolish some people are.
    17 May 2013, 08:44 PM Reply Like
  • Patent News
    , contributor
    Comments (1475) | Send Message
     
    The question is how much lower it will go with all the momo chasers looking to dump it next trading day.
    17 May 2013, 09:39 PM Reply Like
  • Chris Hofmann
    , contributor
    Comments (756) | Send Message
     
    Except that the Barron's blog clearly showed that all of today's action was based on false rumors.
    17 May 2013, 09:50 PM Reply Like
  • Mukticat
    , contributor
    Comments (2072) | Send Message
     
    Chris you crack me up. Could you please decide which day of the week Barrons is just great and which day it's not worth lining your birdcage? The blog which you attribute to Barron's was but a mere recitation of what Cody Acree, denizen of the third tier brokerage houses, told Kopin. It's just his opinion, or the one they rent to UNXL.

     

    How credible is Acree? Well he works for Williams Financial which inhabits the lowest rung of brokerage houses and who's business depends entirely on currying favor with companies like UNXL; companies that are certain to raise capital again and again. You don't get future underwriting business by downgrading your client.

     

    So did he prove that 'all of today's action was based on false rumors'? That all depends on how credulous you are.
    18 May 2013, 02:23 AM Reply Like
  • Chris Hofmann
    , contributor
    Comments (756) | Send Message
     
    Mukticat,

     

    I spent much of Friday trying to figure out what was causing the sudden sell-off in UNXL. Many of my conclusions matched Cody's, but he was able to fill in a few small gaps. Therefore, I believe him.

     

    Do you have a better theory? Please, I would really like to know why you believe the stock suddenly collapsed on no news on Friday. And don't say "because the company is a scam", because that has nothing to do with Friday. Something triggered it.
    18 May 2013, 09:59 AM Reply Like
  • Phil in OKC
    , contributor
    Comments (305) | Send Message
     
    IMO, today's sell off has no effect on the future of this stock. At the worst it provides an opportunity to add to one's position. The success or failure of UNXL will be determined by their ability to execute their business plan on schedule. Check back in three months.
    17 May 2013, 10:08 PM Reply Like
  • Chris DeMuth Jr.
    , contributor
    Comments (11054) | Send Message
     
    "The success or failure of UNXL will be determined by their ability to execute their business plan on schedule. Check back in three months." I agree 100%.
    17 May 2013, 10:14 PM Reply Like
  • Chris Hofmann
    , contributor
    Comments (756) | Send Message
     
    No... you don't agree 100% DeMuth. You clearly just stated above that this company is worth $3-4 tops. That is, in your opinion, IF they execute. The whole point is that IF they execute, they will be worth significantly more than $30-40, not just $3-4.
    17 May 2013, 10:26 PM Reply Like
  • SoldHigh
    , contributor
    Comments (991) | Send Message
     
    "When you talk about a stock that is for all intents and purposes pre-revenue, where all they have are partners, designs, and opportunities to hit a pretty big market, if they are able to execute, where their earnings leverage would be pretty large, then what we’re paying for is their ability to execute on that opportunity..."

     

    So if you think mgmt can execute, then this is likely a buying oppy, but either way, probably more volatility to follow.
    17 May 2013, 10:22 PM Reply Like
  • Greenfire87
    , contributor
    Comments (656) | Send Message
     
    Well atleast we don't have to guess the market. Same dip back in end of march, -$10
    17 May 2013, 10:33 PM Reply Like
  • berndrundel
    , contributor
    Comments (4) | Send Message
     
    the big question is whether they can mass produce with decent yield and acceptable, consistent quality within the next few weeks,
    that's what it will come down to..
    18 May 2013, 09:39 AM Reply Like
  • victobiz
    , contributor
    Comments (17) | Send Message
     
    MY life The one day I miss the short is UNXL most historic dumping. popped open the ticker and it was already 5$ down. Is the show over? Or do they continue to prop it...to be continued.
    18 May 2013, 10:36 AM Reply Like
  • Jake2992
    , contributor
    Comments (1120) | Send Message
     
    You can tell who is in a DEEP hole from the comments here.... This stock is a complete scam.
    18 May 2013, 10:36 AM Reply Like
  • ouijaman1
    , contributor
    Comments (247) | Send Message
     
    Jake, calling it a scam is to completely ignore all the evidence to the contrary. The Acree quote is much more accurate. Friday showed that retail investor confidence is shaky, and the herd quickly follows the trend, especially since the stock has attracted the attention of momentum investors ever since it was at $15. Until news tells us that the story is broken, the story is intact and time will tell us if this co. is a contender or a pretender. Until then, place your bets.
    19 May 2013, 10:48 AM Reply Like
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