UniPixel slides following critical SA column

|By:, SA News Editor

SA contributor Alpha Exposure, who has been bearish on UniPixel (UNXL -3.8%) for a while (previous), calls the business update PR that led shares to blast off on Wednesday "misleading."

The author thinks the PR makes it clear UniPixel will miss its Oct. 1 deadline for shipping its InTouch sensors, and believes the fact UniPixel only said InTouch will see a commercial rollout in the "weeks and months ahead" indicates the company is "nowhere close" to launching InTouch.

Alpha Exposure also thinks InTouch isn't yet "qualified or certified for production," given UniPixel hasn't issued a PR announcing the news, and argues rivals such as China's O-Film Tech are making headway in the interim.