written by reader Regret

By Dutta, May 6, 2013

Travis has an uncanny ability to pick some really good stocks. One such one (at least from a price appreciation perspective) was UNXL. However, it wasnt going anywhere and both he and myself stopped following it (I sold my stake).

I had purchased in back in 2011 when it was hovering around 4 dollars a share and sold it when it hit 5. Looking back at it, it’s not 35+ (so a 5 banger!!). GRRRRRRRR…..

Anyone here saw the appreciation?

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Naquadah
Irregular
Naquadah
May 7, 2013 8:01 pm

Yes I have been watching it for a while. Frankly I still can’t tell whether this company is for real or not. Their public disclosures are vague and cryptic. Citron Research wrote about them rather negatively recently.

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Naquadah
Irregular
Naquadah
May 8, 2013 10:19 am

Well you did better than I did I made a loss on the position due to it’s incredible volatility. and me selling at the perfectly wrong time. I guess I needed a reminder that I am an investor and not a trader.

I pretty much read everything I could get my hands on about the company. There are countless articles on Seeking Alpha about it. As I indicated I read the company filings and FS and I still feel I don’t know what is going on. It’s now in my too difficult pile although I’ll keep following out of a perverse interest.

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