If you look at the options they really don't care where the stock price ends as long as it is between 15 and $17.50. It would not shock me to see UNXL start to run again this afternoon. Shorts realize that they are playing a game of Russian rulette by shorting this stock. As the weeks pass the chances of a positive announcement grow. Next week could be that week. I hope no shorts cover truly believing the stock is falling to $10. If the stock is 1-2 million shares short there will be less opportunity to short it further. It will make the move higher faster.
think about it. The market size is $13 billion and growing fast. Uniboss has been tested by most OEMs and controller companies and Uniboss is superior in performance to ITO. The cost of Uniboss will be 30-50% cheaper that ITO based products. The company is currently working through production. The first lines will start coming online within a month. UNXL has one perferred price partner and several companies it is working with. The company will earn it's first revenues in early 2013 and those revenues will grow rapidly as the year progresses.
The stock price is set to explode updward. Get ready
Earlier today on stocktwits I hypothesized that we will close today around $15.20 or 'green'. I still think we will close green as shorts cover before the weekend. Definitely won't go above $17.50 today, but perhaps as high as $17.