With some saying 2 PO's by end of month or soon thereafter, you need to evaluate why someone would be short? 40% of the outstanding share base is short. If the PO's were real, why would the short interest be so high. You think institutional money, with all its resources, has not done any homework? I am just trying to better understand the short side of this trade. thanks in advance
One PO by the end of the month. Intel PO should follow shortly after, I don't expect the second one before the Nov CC.
I think the shortside at this point is that UNXL cannot mass produce to spec and that is why the waiver/PO has not come yet. This is somewhat contradictory with Reed's statements on the WFG call last week, but the market does not seem to hold Killion in high regard. I think it will be laid to rest by the Nov CC one way or another. Either we have a PO or there is a problem.
I'm all long and all in with my UNXL money right now as I expect a PO will be coming by the Nov CC.
how about this??? we know that week before the CC they had an audit by Dell. So that was about two weeks ago that the audit was complete. OK i read somewhere else that not only Dell had to give a waiver but also down the supply chain. So if true and Dell has to get waivers from other companies then sure it would take a month process of all these waivers? Kinda mskes sense. So Dell passes the audit and then has to get permission down the supply chain so this would take time. What does anyone think??