I have been absent for a while, unfortunately I have been swamped with work and really don't have much to say until I have had a chance to review the various pronouncements and market reaction
So far my losses exceed US$ 200K so my track record sucks, so who am I to give advice?
Obviously the major reason UNIS has performed poorly is the potential of a bankruptcy because they eventually ran out of funds. Whereas I do not believe they will file, I will say they have not managed their funding or resources well. I will give my 2 cents worth as objectively as possible without giving a recommendation towards the end of the month. In the meantime I keep nibbling away at the stock believing I can't be so wrong, but I am!!
I don't know my opinion counts for much but IMHO UNIS will survive and will be a 5 bagger but nowhere near where I expected it to be.
More after I have time to lay out my thoughts after reviewing everything that has transpired. You have been patient if you care about my opinion, please be patient a big longer. I know I can't keep working at this pace forever, so things should be calmer by the end of the month
As usual my 2 cents, more like 1/2 cent this time!
Take care and hang in there
UNS Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held