here comes another bear raid by seeking alpha its friday right on cue
Disclosure: I am short UNXL. (More...)
Unfortunately, investors have fallen again for Uni-Pixel's (UNXL) tomfoolery. We believe that Wednesday's press release was Uni-Pixel's weak attempt at hiding the stunning news that they have yet again failed to meet production and revenue targets. Whereas this past summer, Uni-Pixel blamed the delay on Windows 8.1, this time Uni-Pixel offered no excuses. We believe it is clear that UniBoss, now repackaged as "InTouch Sensors Powered by Kodak," cannot be manufactured and that Uni-Pixel has another failed product on its hands.
Like the nearly 70% drop this summer from a high of $38.70 to a low of $12.30, we expect a similarly dramatic fall in the share price as investors realize that Uni-Pixel has failed with the launch of another product. Uni-Pixel investors do not want to be left holding the bag (or broken TMOS, Opcuity or DiamondGuard) and should discard their shares of UNXL.