Claim: Wellington Buys 14% of Unipixel, Therefore Unipixel isn’t a FraudGuest Post
Penny stock pump and dumps are somewhat of a guilty pleasure of LST… so enter Unipixel (“UNXL”), a ~$300 million market cap stock with the following characteristics that a long-term investor would love:
(1) $16 million in total assets (of which $12 million is recently infused cash via an equity raise)
(2) a management team with a long history of failure/capital misallocation
(3) Price/Sales multiple in the 3,000-4,000x range . . .
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