Ladenberg ups its price target to $5.50 and there has been increased buying last three days. Something positive is coming.
With the combination of Atmels technology and its own UNXL has won over 17 new contracts and building. The revenues will start ramping at end of year and continue building for the next three years...
statistics on reverse splits demonstrate that stocks go down after the split...im guessing that could be the case here as Sillerman clears the decks and converts more debt into stock as well increasing share count into the split
the stock is just finishing digesting the secondary offering then it will explode higher on new deals etc....
They are underestimating revenue growth and earnings power...$5-$8 stock
they can do as many shares as they want..but they will not dilute shareholders but issuing too many shares thats why they are doing a warrant deal at a higher price....common stock at $1.50 and a warrant to buy stock at $4-$5....great deal lt
Their technology is just being adopted to huge growing segments of the technology universe. They have great new orders and many more to follow. This is a great buy for investors at this stage of growth. If the company can execute on its strategy the stock will be many multiples higher.
they provide a discount to place a large block of shares to attract buyers this incentive helps create support as well for shares going forward
The stock offering of 6.5 million shares at $1.50 has been pressuring the stock for past week and change...once the sellers who bought at $1.50 are finished the stock will pop back up. The order momentum is huge and the acquisition of Atmel has put UNXL in the drivers seat for years to come.
excuse me...i was wrong..they did it the right way...announced it last night and priced it today at $1.50...great job...
agree...back to $3 now...great design wins and revenue will explode next year
it will pop back
obviously there is a chance they dont execute on all the new orders but the new manufacturing processes and the volume orders will produce higher gross margins and operating profits more consistent with profitable technology enterprises...rather be long under $1.75 than short
It almost has to after it was lead underwriter of UNXL secondary offering last month at $1.50....Double your money if you bought our deal. Landenberg Thalman thinks its worth $6......Crazy
once the stock digests the $1.50 stock it will be back off to the races....
If you are referring to me I have big gains in this after buying under 55 cents and averaging in all the way to $1.50. I then sold over $2.50 quadrupling my money. I have since been averaging back in below $1.50. As for the negative margins. They have greatly improved the yield and manufacturing process which is from Atmels business when at scale will have very profitable gross margins. In addition their technology is only now being adopted on a large scale basis which will allow for better lead times and huge revenue gains as they get all the programs up and running. Atmel was their only real competition so pricing is now favorable as well. They will grow revenue in the next few quarters and then sequential revenue will ramp for the next five years. Thats why this is a buy.
if there is no news to support the dramatic move higher