Seems Pixelworks is getting more notice in the market these days...more and more articles published outside of Gomes.
Once they start covering, seems it could be a race to see who can cover first. Don't want to be the last to cover with 2.38M shares out there to buy back. And that is where the fun begins.
AND 13% are short. Once the first sign of sales progress with the new mobile chip (the didn't develop it for two years without a very good reason) it is going to be difficult to buy shares at decent prices imo. Seems we are on our last leg of single digits.
If in addition to the traction that PXLW already is gaining in the market (65% growth as-is), if a chip is also in the 5.5 inch for 4K/UHD resolution, PXLW will triple quickly with the current small float and market cap. Enough good news without this info released last night, but just saying...
"Apple is ordering massive quantities of both the 4.7-inch and the 5.5-inch versions of the iPhone 6, which will launch this fall, according to the Wall Street Journal.
The Journal cites unnamed supply chain sources claiming that Apple has ordered 70 million to 80 million iPhones to be produced by the end of the year.
The size of Apple's order suggests its confidence in the forthcoming device. Last year, Apple ordered around 50 to 60 million for the iPhone 5S and iPhone 5C launch.
The Journal notes that Apple's increased demand for the iPhone is a result of its partnership with China Mobile and the desire to popularize the smartphone in emerging markets."
Completely agree. The cycle for 4K/UHD is just starting as the old HD sets are replaced. Plus the new mobile chip is just an added bonus. When it is placed in a tablet or phone (potentially many units), this will no longer be a microcap stock.
And if Gomes is right about PXLW (ie putting chip in an Apple product), then that will be even a much bigger winner than GLUU because PXLW is only at a 200M market cap right now - complete micro cap currently.
I agree about PXLW (Pixelworks) - first Mobile 4K/UHD video chip to market as of recently. And former Apple Mobile VP is now on the board and has been a consultant to PXLW since 2012. And APPL paid $10M to PXLW for something. Speculation is to develop long awaited iTV or possibly use the mobile chip in iPhone/Tablets.
I wonder if Oilcan does this on all of the stocks he follows. So far we know of GLUU and PXLW. Although I don't know him, I'm picturing someone with small man complex. That seems to be the only reason someone would feel the need, and take the time, to post the stuff he does. Anyhow, I'll continue to humor myself by reading his posts...too much of a train wreck to just put him on ignore.
Had to laugh when I saw this. Sounds like he does the same thing on this board as the PXLW board. Always does the same thing on PXLW, and now that Yahoo gives the ability to delete messages, if he is wrong (often), that message mysteriously disappears. Think most people just realize he has no clue, but still humorous to watch him continue to post. Ironic thing is he is actually being left behind in the big moves and has to be kicking himself. He also told someone he is retired. Unless he retired at 17yr old, he writes "LOL and LMFAO" more than any retiree I know of...good times.
And will likely break out big in my opinion. Very undervalued here compared to others in the industry.
And $54M in cash. WTSL will break out to the upside very soon...just a matter of when.
And we'll likely go back to the mid-$7's where we were for a buying opportunity, but at least a few more people know about it now because of the extra PR.
And keep in mind PXLW was featured as the Cabot stock of the month late last week in their newsletter. More people are finding out about our little microcap company.
ie $10M deal with Apple, deal with Skyworth that will begin producing in Q3 and Q4, former Apple Mobile Exec joining board (consulting with PXLW since 2012), Mobile high def/4K chip released recently...been in development for years. etc.
Under normal circumstances (with some publicity of the PXLW story) this would be higher than $16 already just based on what we know currently from management in the recent quarterly calls.
Appears you are missing the boat again jmschwartz and trying to get onboard. Right, so Apple came in and gave $10M and that is all, Apple is now done with PXLW. What, did PXLW install TV's in the Apple's offices or something and walk away? That is not the way this works. There is more to a $10M deal and you are naive to think otherwise.
Seems someone knows something. And we know PXLW didn't spend 2-3 years developing UHD/4K chip for mobile devices for the heck of it. There was a need (maybe the reason APPL paid them $10M already). The chip was recently PR'd as complete and ready for sales...about time for them to PR more info soon.