Uni-Pixel has a 50.9% Short % of Float as of Sep 13, 2013. Around that time it did look like it was going to plummet further when it created the head and shoulders pattern but instead of falling below neck line it moved up which is terrible for the shorts. over 50% short % of float is extremely high and has the potential to explode once the shorts have to cover. Out of all the analyst covering the stock it has 1 strong buy and 3 buy rating with a low target of $40 and a high of $50. It's currently at $18.94 which makes it a great time to get in if you're not already and to buy more if you're already in. It may go a bit lower from 18.94 but I wouldn't chance it. Just don't panic and know it'll be above 18.94 very soon. There's way more upside to buying then selling this stock. It looks like it has already hit bottom and is making higher highs and higher lows which is a bullish technical stand point. I don't think I've ever seen anything with this high short % look this good and overall the rewards totally outweigh the risk. If we can get everyone to buy and make the shorts cover this stock can really sky rocket sooner rather then later. The way it's looking the shorts will eventually have to cover. It's just a matter of time.
Was expecting a little more from you. Some TA and a large short position?? What about fundamentals? What if they have overpromised and can't deliver? The fact they keep changing the drop dead date is NOT a good sign.
I agree, there are a couple of bad signs but no great reward comes without risk. I just think the reward outweighs the risk. It's up to you what you want to do but if I was going to gamble I would buy instead of sell. This stock can really go eitherway but if it goes up it'll really skyrocket. If it goes down it's not going down by much. Also, I think the likelihood of it going up is greater than it going down.
yea and zacks says it will be 6,350% in 12/2014..... find me another stock with that. OOOOOOHHHHH The possibilities are endless when you think about what ms pixie can go in and sit on and be on top on!!! Next year when you go to Best Buy UNXL will be all over the store. Kenny you see what I just said???? Next year kenny going to tkae you to best buy and say oh my god look here kenny and oh mu god look here kenny! LOL When UNXL takes it ride to the north pole YOU better be on here!
Irrespective of Zacks' estimates (which is what they are, just like the ones on this board), question remains whether they can do it in time. I remain optimistic about the prospects but would not hang my hat on those numbers.