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 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) price.
Tim 10:05AM EST March 4, 2013
is it even possible to pick it up at $20, to get that GAP filled