UniPixel (UNXL +4.8%) announces the receipt of a $5M milestone payment related to its deal with...


UniPixel (UNXL +4.8%) announces the receipt of a $5M milestone payment related to its deal with an unnamed "major touchscreen ecosystem partner;" the payment will be recognized as deferred revenue in Q2. The company adds the installation of equipment for touchscreen film printing lines at its new Kodak facility will start this quarter, and equipment for 6 plating lines will arrive at its Kodak and Lufkin, TX facilities in June/July. Shares are recouping a portion of Friday's huge losses.

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Comments (8)
  • phil2k
    , contributor
    Comments (72) | Send Message
     
    I bought a stack of this stock on Friday's pullback. Gonna make some nice profits over the next week or two.
    20 May 2013, 10:31 AM Reply Like
  • pahrah
    , contributor
    Comments (279) | Send Message
     
    Congrats! That makes two of us. I've had been waiting for a good pullback to re-enter. My patience paid off.
    20 May 2013, 11:06 AM Reply Like
  • pahrah
    , contributor
    Comments (279) | Send Message
     
    Congrats! That makes two of us. I've had been waiting for a good pullback to re-enter. My patience paid off.
    20 May 2013, 11:06 AM Reply Like
  • pahrah
    , contributor
    Comments (279) | Send Message
     
    That little bounce quickly fizzled. I bought for $27.50 on Friday and sold at $28 today. At least I didn't lose anything. It is worrisome that the bounce collapsed and that the decline continues. I'll try to get back in tomorrow IF I think UNXL found bottom.
    20 May 2013, 07:59 PM Reply Like
  • Peter Whear
    , contributor
    Comments (16) | Send Message
     
    So another delay in the characterisation of the UniBoss film. This bunch of tinkerers are finally getting a dose of industrial reality.
    20 May 2013, 11:13 AM Reply Like
  • jackrlamb
    , contributor
    Comments (17) | Send Message
     
    I agree, I also bought lots of shares late Friday.

     

    I find it interesting the way SA reports on this, not quoting the press release as stated, but adding their editorial with:

     

    unnamed "major touchscreen ecosystem partner;" as if it is not real, but the $ 5MM will be on their income statement in Q2 regardless
    20 May 2013, 12:22 PM Reply Like
  • thatsforschur
    , contributor
    Comments (110) | Send Message
     
    The drop was a shock. Needs strong nerves helped by a conviction that Unipixel will do just great as I originally determined.
    20 May 2013, 12:45 PM Reply Like
  • phil2k
    , contributor
    Comments (72) | Send Message
     
    So this is looking a bit like the house of pain right now, already 10% down on the trade, increasingly looking like it is going to be a long-term holding! (which was not what I planned!).

     

    Anyone care to speculate where the floor of support is? $18.50 is a figure I've heard mentioned on a few websites.

     

    Not sure what to do with this one now :(
    21 May 2013, 09:54 AM Reply Like
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