Ladenberg ups its price target to $5.50 and there has been increased buying last three days. Something positive is coming.
been there and analyst for 25 years...there will be 64 million shares after the new deal is completed. 18 million fully diluted now, 24 for McAfee, 20 million for todays acquisition plus 2 million incentives. That is 64 million shares outstanding....does not matter if they are registered or not..that is the float or shares that are able to be traded.
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...
at $2.50 a share $160 mkt cap....
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....
buying under $2
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.