UNXL: UniPixel rallies following upbeat SA column

UniPixel rallies following upbeat SA column • 1:55 PM

• SA contributor Graycell Advisors, who has been bullish on UniPixel (UNXL +5.6%) for a while, thinks it's "fairly clear" the company has been "making meaningful progress and achieving key capacity milestones" in its efforts to ramp InTouch sensor production, in spite of concerns to the contrary.
• Graycell argues UniPixel's "production risk" in the wake of its initial purchase orders, and that worries about lamination yields and supply issues are unwarranted.
• The author does admit recent touch sensor price erosion is worrisome, and estimates Atmel (ATML -1.2%) ha a 2 to 3-month lead on UniPixel in commercializing its metal mesh sensors, but also argues UniPixel's additive manufacturing process provides it with a cost advantage.
• An eye-popping 67% of the float was shorted as of Nov. 15.