repost from other thread*The stock is reflecting the overall...

repost from other thread*

The stock is reflecting the overall environment at the moment. There is a bunch of volatility, alot of people selling into cash, alot of people trying to get bargain prices thinking the market is going to boom again. There is certainly downward pressure on every move upwards, this can represent many things, long term holders looking to take profit, or traders intra-day trading the corona stocks.Todays daily bar is a very bearish candle, supported by increased volume (2nd highest selling volume in past years). I would not be surprised if it retests the lows early in the week and tries to close the gap that occurred 5 days ago. However, we have an environment that supports the growth of this company in the coming months - we assume unit sales have increased and the company is meeting those demands, we may get a sales update, or we may have to wait until April for our quarterly. The real risk in long term for this stock is if we get the quarterly and we DO NOT see a significant increase in sales which we assume we are getting (and which could be extrapolated from the additional cash on hand in the previous update). So with that being said, I personally am reminding myself that this is not a day trade - we are looking at the expansion of a business over years, if we get an amazing headstart this half because of corona, thats fantastic. I say that because ive been watching the charts daily with 5 figure swings each day. Im sure we all wish it would just climb 5% per day but thats just not how the market works. We have many governments around the world easing monetary policy, we have proposed increases to healthcare from WHO, the US, China, Australia and numerous other countries. If UCM cannot get traction in this environment, well then the proof is in the pudding, and either healthcare sector itself doesnt like the product, or its ahead of its time, or its too expensive, or one of a hundred different reasons could be at play. But its simple - we get increased sales on the back of corona, new research, a decade of preperation .... or we get no significant sales boost, and we abandon ship. The great thing about this play is that well know in a month or two.