UCL 0.00% 30.0¢ ucl resources limited

worth watching - being accumulated, page-3

  1. 390 Posts.
    I do know what you mean - but don't you think a lot of people won't get burnt on some of the other stocks flying today. its all about timing, knowing when to buy and when to get out. Many of the speculative stocks racing today are from the tech boom. they are just trading under different names, either as biotech or returned to resource sector. AFT was Voicenet, SLA - travelshop, etc. There are not many survivers from the tech stocks, I think we all got burnt. I lost a fortune on ERG but still have it on my watch screen. Anyhow the reason why UCL appeal to me is because of the surplus cash they have and real projects coming on line. Plus another $5M once their telecommunication business is sold. I picked some up and surprise surprise - my broker was curious and asked me why I was buying. He then told me they have been constant buyers of the screen. He didn't tell me this at first. It was only when I placed a buy order. They only let their clients know after a stock has raced up hard so they can offload because they pick them up at bargain basement prices. forgive me for this long post. My tactic is pick up stock when they are low not high.
 
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Currently unlisted public company.

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