Immersion +4.6% after iPhone haptics report

• Immersion (NASDAQ:IMMR) is continuing this week's roller-coaster ride after the WSJ reported Apple plans to integrate its proprietary Force Touch haptics solution within its next-gen iPhones.
• Shares are still less than $1 removed from a 52-week low of $7.20. They trade for 2.9x 2015E sales, after backing out $57M in net cash/investments.