UCL 0.00% 30.0¢ ucl resources limited

news baby, page-26

  1. 449 Posts.
    I would doubt that a cash raising or insolvency would cause the stock to double it's value.

    I believe there has to be some kind of good news - a stock doesn't run that hard on a whim. The issue for those of us who are holding is whether the news justifies the 100% increase so far. If not, then it will probably open lower. If so, then it could well open higher (my prefered option) :-)

    There is nothing we can do about it now - just have to wait for an announcement and the lifting of the suspension.

    Too bad for those who were just day-trading it and didn't want to leave their funds in.
 
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