Gabbie, you as a trader should also know that sometimes the best buys are quite often when 'apparently' fundamentals look to be at their worst - 'not that they are' but just that this is how they are perceived!
They did not allow trades executed on the last day of the financial year, of course I was under the impression that (unless a trader) trades are taken on the execution of funds and not on execution of trade - different to any common purchase product / service where date is 'as defined / executed'. Anyhow it's been a few years since I looked up the specifics around this so I might be wrong, a section / para. would suffice if anyone can produce a definitive response?
Also the fundamentals, as one must factor in the overall dilution aspect, must be taken in to consideration as 'entire market cap' - thus if we take the price prior to this being known (10 to 14 days ago) we actually should be trading at $3.80 to $4.00 per common stock share. This is also in my opinion a 'positive' and why I did not want to add as evidently given the HC climate it will get shut down in a second; not that it bothers me as I am actually contemplating another purchase, if all goes to plan there will not be any thought of tax losses next year now will there? Again sentiment should define our actions / thoughts.
Was in line last week and did not get lucky, now I can even take it back a couple of pips and get them or 'luckier' - fantastic for me BUT again short term thinking. In fact my main issue last week that I believe may have impacted on price was the US healthcare act, this 'could have had ramifications' YET looks pretty clear cut now.
And Pat, no glass jaws here my man - I am more annoyed that AS has not contacted you as yet, now that bugs me! A man of his word is worth his weight in gold, and 'Big Al' would be worth a few ounces (lol)
Jimbo, you have a very keen eye - here is to next week.
NL
UNS Price at posting:
65.0¢ Sentiment: LT Buy Disclosure: Held