I'm determined to find a small company, armed with patents and products that sell to INTEL, Texas Instruments, Microsoft, Synaptics etc etc....globally. LOL
If this company had 300 million shares outstanding, like many unproven penny stocks, UNXL would be selling for about 19 cents.
If UNXL was selling for .19 today, given the company they are keeping, the products and markets they are targeting, coupled with no debt and a $16 million cash position, do you think this would be at .19 for much longer ?
It would not be unreasonable to think it could move above the $1 level quickly, on news of contracts or new products. (see CES 2013)-all too reminiscent.
That would be a 5 fold move....translated, a $30+ dollar stock from today's $6 level.
Given the institutional involvement already participating to the tune of about 41%, this could happen quickly.
They just need that first deal to set the stage and justify further participation.