timwest

Uni-pixel (UNXL) rally on touch-screen bull market

Long
BATS:UNXL   None
Uni-Pixel is a High Tech Company. They are a manufacturer of touch-sensitive screens with new, better, cheaper, efficient technology to be used in mobile phones and tablets.

Short-interest is HIGH. UNXL shares have been sold first by the bears, but need to be repurchased at some point. I don't know who has the other side of the Short's trade, but it looks like it is going the wrong way.

Revenues: Very little to show yet, but patents and orders for machinery imply they are in "lift-off" stage. WIth a tiny revenue base and a $220 million market cap, there is very little room for error. But earnings were just announced last week, so the story shouldn't change for at least a month or more. $13 million in cash on hand will help them for a little while.

Seeking Alpha has a few articles on them that are always worth reading.

Caution: Shorts can break this stock at a moments notice in order to buy back in their shares sold short. This means "BUY ON BREAKS!"

I'm targeting $26-$32 by May and willing to buy down to $16. I don't want to see a full day of trading below the 63-day (1 quarter) volume-weighted moving average price.

Tim 10:05AM EST March 4, 2013

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