Yesterday UBI opened at 20.5 bounced to 24 cents & finished at 21.5 cents on big volume. Given the stock was 35.5 cents May 9th & bottomed at 13.5 cents on May 16th the buyers are clearing winning this battle against the insto dumping. Believe slightly less than $1m will clean the surplus up from the insto. Interestingly Morgan Stanley & Macquarie both traded the stock yesterday, so a little insto buying from them could easily see a short term bounce. This stock is undervalued both short term & long term given in has commercial arrangements with two majors in Johnson & Johnson & also Siemens. Worth some real research. Regards Buffett PS Currently large holder (2 plus million)purchased in the dump but not a seller at these levels
