Wednesday, May 1, 2013

WHAT DOES WARREN BUFFETT THINK OF UNI-PIXEL?

Pondering Uni-Pixel?
I've never seen anything like the Unipixel (UNXL) phenomenon, not even in the dot.bomb era.
The first question that came to my mind when thinking of Uni-Pixel was, "I wonder what Warren Buffet thinks of Uni-Pixel?"
Seriously, wtf are investors thinking? Uni-Pixel's story has more holes in it than a slab of Swiss cheese. 

Where do i start? How about:
No orders?
No revenues from product?
No names?
Seem a little odd to you for $400m market cap company?

Uniboss technology

In their conference call yesterday, they said they are still TESTING their finished product.

In the past few months, management had given investors the impression that there would be 60k units shipped, not just a build out on capacity to manufacture 60k.

It will take at least another 2 months or more just to find out if product works?

No guidance in the conference call?

NON-recurring revenues of 5 Million?
Geez!

I don't really think they're a sham company, I'm just saying that this company, as it is, is a house of cards and could come crashing down at the slightest hint of a setback in testing or a setback with the build out, given the current stock price.  



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