Man your butt must be puckering to be short this time of year .. You are going to be proven the dumbest SOB on the planet or the luckiest .. Some of your smarter short buddies are taking their profits while they can and you just feel you can squeeze a few more bucks out of this before you cover. That my friend is called greed and that is why you are going to get burned badly ..
I believe that if the SEC were doing their job the short position would never (NEVER) had gotten this high off of nothing but unsubstantiated half truths and outright lies.. I certainly hope they are investigating this matter.. Its a little (LOT) late though..
They are not trapped unless they have large positions short. A reasonable short position can be covered easily without affecting the SP much. I cant imagine why they wouldn't cover at this price.. They should bank their huge profit and call it good.. But there is that emotion called greed.. That may get the best of them..
There have been an average of 5 press releases per month up until November which only had 2 . We are 10 days into December now ---- nothing.. Hum ?
Why would anyone give you a thumbs down for that statement ? Van is exactly correct. It will continue to bleed off with the short sellers pressuring it until an improvement is made. Come on management . Are you guys on Christmas vacation ? Where are the printers ?
I'm having a hard time finding anything that isn't going through the roof today except this issue. We haven't heard a thing from the company in a month now. #$%$ ? I hate to be pessimistic but this is ridiculous.. How about some information on progress being made ?
IMHO Unipixel needs to release a statement clearing it from any wrongdoing. They would be foolish not to considering the short interest and FUD this issue has had to endure.