Hickman said he spent time with UNXL at this week's San Francisco "Gateway" conference. Says nothing has changed story-wise with UNXL and he strongly believes product will be shipped in Q4, just as we've been told. His EPS estimate of over $3.00 in 2014 remains unchanged and when asked why he thinks there's such a massive short position, he said simply due to past execution failures. When I told him that I short stocks, but would never short UNXL at $15.00, we both agreed it's potentially suicide unless they can cover before announcement of product order. He really likes the new sales guy and what he's doing and also says pre-scheduled insider sales means nothing.
Let me also add that I inquired about the Oct. 1st deadline and Hickman said it was an internal deadline set by the company, but if for some reason it wasn't met, it doesn't mean product won't be shipped in Q4. He laughs at the big deal folks are making out of this Oct. 1st date. Says it's meaningless.