The big institutional short money has left the building, they took their 50% drop in market cap yesterday, congratulations to them. Today's volume is a quarter of yesterdays, and even less than the day before. There's strong support at $23 and the stock will trend up over the next several weeks with the odd healthy pullback thrown in.
Anyone who comes in short now after a 50% drop in market cap on no news is very, very, very late to the show and is chasing.
More sells than buys on low volume, pulled back to below 23, no longs jumping in( if you think today is a bargain wait until it hits 15). If it doesn't go up it'll go down. Closes red today and drifts lower throughout the summer.
In the fall Kodak will report roll out glitches and delays as a result of EKDKQ's ongoing BK issues. UNXL's 'customer' will report further delays as a result of its ongoing internal struggles.
Fuji will announce great stides in developing an expandable screen size negative space printable matrix. UNXL will become the Beta Max of mesh configured touch screens.