UNT 6.25% 1.5¢ unith ltd

CM8 Chart Indicating Breakout to UPSIDE, page-812

  1. 1,458 Posts.
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    well the market appears to disagree with a few at this point in time anyway.
    A promising microcap just lost its CEO. Some have a positive take on that move. I have commented recently that Carosa’s decision was perfectly understandable. Dancing with two business partners is not easy. No conflict now in terms of allocating business priorities.

    Realistically, every time the share price takes a downward turn then the company is OVERSOLD.

    When the SP has a good upward spike I don’t hear the same saying it is OVERBOUGHT.

    No way we get ramping like here we go to 20c 50c - like we are invested in a casino.

    So let’s stop dressing up a microcap like it’s turning into Atlassian. They are dancing around the edges at the moment and still some way from a bullseye moment.

    There will be many shareholders that bought in big last 3-6 months sitting on various degrees of losses. It’s normal for many to sell their position in whole or part. I think good days are ahead for the patient but it still remains a high risk business. Anyone that thinks otherwise is delusional. There is never a guarantee of success but in my opinion we have a committed Board taking a very small company down an interesting and exciting road.

    Negative sentiment outweighs positive at the moment. The fundamental business has not changed in a couple of days or weeks. The market will get direction when a CEO is announced. I assume Fintech & insuretech are not neglected channels either.

    indigestion for now.




 
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