Daytrading June 24 afternoon, page-5

For some time I have been acquiring heaps of UBI (refer UBI thread). I have bought as low as 13.5 cents due to insto selling for non operational reasons, well today UBI has struck back with an extremely positive announcement with orders from Siemens. Yes the stock is up 5 cents & will probably take volume around these levels i.e. 24- 25 cents but once loose stock is absorbed further positive announcements from UBI is going to drive this stock considerably higher. I expect glucose strip sales via Johnson & Johnson Lifescan subsidary to show a marked improvement given J & J own strip is coming under more pressure due to FDA requirements. J & J will simply substitute the UBI version for their older dated strip hence the coming spike in UBI glucose strips. Lower margin business but growing market. Todays ASX announcements is for a far higher margin product via Siemens relationship.
Regards
Buffett