UNI 0.87% $8.16 universal store holdings limited

great opportunity, page-12

  1. 4,582 Posts.
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    There will be a stability point reached very soon. Never must we forget the days when more than a million shares were being traded on a daily basis - It was not that long ago.

    In regards to your question 'dino' brokers can trade whatever amount they feel like. This is the buety about being a broker; more importantly they can also close a figure on a share which is considered price sensitive more rapidly than the every day trader. Looking at the tracking graphs of this share there was a great deal of people entering the share between the 17c - 20c range (Approximately 2 years ago). What I also did was compare relative volumes and it does look like a great deal of people back then have finally decided to let up and give in to the system; this is where the psychological aspect comes in. Now regarding the spill on margin calls, i figure not, as they would have been from participants who have jumped on board in the last 3 months as there was somewhat a feel for recovery on a global scale. When we compare the volumes they are not really what I would action as margin call volume figures.

    I also feel, IMHO, that if there is continual negatiove sentiment then UNI could fall as low as 16c and then I will pounce once again. Now for longer term UNI holders all is well - Business as I am aware is all go, go, go. Milestone payment can not be too far away now in my opinion!

    Cheerio Nikess.
 
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