I called this morning and spoke with IR officer of UNLX (Phone: 281-825-4500) . I asked her a lot of questions:
Q: What is the reason recent crash of the stock.
She said in her opinion , the market is overreacting .
Q: Why the company does not respond to all the rumors and bearish articles.
She said cant respond "because a PR is imminent next Monday"
Q: I asked her if the coming PR is related to SA article.
She said she cant respond because of the FD rules.
I wonder what is that PR content. Could be another bad news? Please somebody call UNXL (Phone: 281-825-4500) and speak with her to verify my post.
On SA they where accused of fraud making sample subtractive and declaring additive;if they doesn't proceed with a lawsuit they have no balls and company is not protected .This is the only way to stop this mess.More, they must ask Sec to verify naked short position,failure on the delivery and so on.
2 conference these days and no results. So a pr with no action will be no effective.
Pr from crooks?lol
usa zombies never learn
fraud street casino in usa...not wall street anymore
hedge fund mafia and banksters with hft machine guns hunt usa 99% zombies for loot
Sentiment: Strong Sell
Thanks for the number, I went ahead and picked up the phone . . . I do feel a little better. I spoke to a guy who said UNXL is very aware of the pps action but cannot be responding to bloggers. He was careful not to say anything that could be construed as insider info but it did sound like a working sample will be with them at the Taiwan - Computex meeting next week. He said institutions are not concerned with (but they are very aware of) the SA articles - they put no credibility in them. He confirmed that Windows 8.1 machines should be on the shelf for xmas which means product must ship in Oct or Nov. He was knowledgable of everything I referred to re short and long arguments. He could not confirm that a pr is coming out on Monday - I would have loved to confirm that.
Of course the company is going to respond, and they'll have all weekend to fine tune it. Hopefully it will include pics of a working model without visible lines. Musk at TLSA had to respond to short articles also, in the end if the company is legit the share price will only end up that much higher because of short covering.
Sentiment: Strong Buy