Overdone, page-14

I opted out last week at .71c when it started to go sideways - i though it might retract and after finally having some good profit i took the risk and sold. Not that im happy to see the SP where it is "its below what i paid back in may".

I am surprised and didnt expect it to come down as hard as it has - and i believe that it is being oversold. Large increase in Shorts yesterday which is just part n parcel of Small caps now on the ASX. People taking profit or getting stopped out is obviously in play as well.

TDAs is spot on - the market is looking at the the lower end of SP value with this kind of reaction - the ability for the company to deliver outstanding results "as in contracts" in a proven product will only increase over the short to medium period. Profit is important for sure but given that there will be new agreements and income form them i feel that its currently being focused on to much.

For me UNS needs to establish a new support level in the US before i will be back in, i still believe its a winner i am just hopeful of being able find a happy entry point. Tonights market will hopefully give me that indication one way or another.

Cheers