UNS 0.00% 0.5¢ unilife corporation

the doubters and the dumpers, page-2

  1. 872 Posts.
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    I agree with all you've said. I've been keeping a watch on the trades this week and thinking whether there are any possible arbitrage opportunities.

    1. Buy in asx and 2 sell in US. A bit difficult for most and a bit slow.
    2. Day trade it on the asx. This may be a goer as the dumpers seem to slam the price down not on open but after an hour or so. I think it would be possible to make around 2c - approx 4% a day.

    I'm thinking the dumpers are just trying to accumulate at the lows as they don't seem to dump as much at the end of day.

    I have no spare funds available but might even sell some other stock I own to try this out. Worst case if dumpers manage to drive the price down further and my day trading doesn't work I could still keep the stock for the long term.

    Anyone else considering this approach?
 
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