Those of you who are wondering about the SP flucations. We are all in the same boat. Just remember the market is extremely volatile and there are very good manipulators out there.
UCM - Other than looking at the financials for support consider:
-Monitoring machines are needed everywhere. - -Makeshift beds, hospitals are being erected everywhere - where is the equipment coming from? -The fact that China has slowed down does not mean that the risk is gone. It is lowered but you are still on alert and you still want equipment to be on-hand. It is time to re-group and prepare in case there is another wave. You learn to be more prepared because CV19 isn't going away yet. -Europe is now in crisis and so is USA. -We also know that the middle east, russians are likely to suppress their numbers to allay panic. - Asian countries are more equipped to deal with this crisis than Western countries because of their experience and the culture.
So if you are in a position of protecting people's health, country, ask yourself would you still need the basic health equipment and tools and would you still keep them on-hand?
If anything you want to be well prepared in case another wave happens.
Also remember that car manufacturers alike are now considering changing their manufacturing lines to cope with a shortage of masks, sanitizers. Sensitive medical equipment requires expertise so it is not easily manufactured.
All this demonstrates is that the demand is still there and all countries have health systems that are inadequate to cope with the current crisis.
The best thing UCM can do is to use this time to create more sales opportunities and create market awareness
UCM Price at posting:
19.5¢ Sentiment: Hold Disclosure: Not Held
