What's with your attitude redpill?
No offence , but your coming across a little sarcastic mate.
I only say this as u are one of my respected posters and I don't wish to chance my opinion of u.
So it dropped 30%. .. Big fn deal.. We're u planning on selling this month? If not , who cares about the drop.
It's all love and praise to unilife when its on its way up, now u seem like in some sort of negative panic biting people's heads off.. Wtf?
Harden up mate.
Maybe I mid interpreted your message due to excessive alcohol consumption, if so, my apologies .
But while I'm here ill have my say a out the recent events.
Fall has little to do with anything other than short trading ,profit taking and panic selling.
Shorts have been very quiet all year, it seems obvious this was a co ordinated last ditch attemp to shake up investors.they purposely waited for quarterly report to cast doubt over result..
Seemed to of worked for now..big deal. I found report to look possitive personly .People are sheep and quite unintelligent generally.. Buy on greed , sell on fear. That's the typical retail investor .. I'd prefer to follow the smart money personally. Rational positions taken on rational research .. Much more smart money was traded at a much higher price than this recent sell off.
This stock is obviously set for big things. But it's obviously a couple of years away. Price rises at present just means people are getting in now, rather than paying a premium down the track ..
The rally seamed a little premature and was cut off by the shorts and profit taking.i don't see any issue.it was a rapid rise in the last 3 months and a slight correction was expected. I was hoping it would reach $1.80 before the correction, but not to be this time around. Not to say it won't next time. Maybe with no correction next time if we can see steady rises from here on in.but imo a rally will happen again, and may even be premature again, but eventually there will be too much momentum and not enough doubt to be met by shorters .
I can't see why any one would consider selling now. If u had doubts, why not of jumped out last week when over $1.
Even I took some profits but still hold a large position.
If I didn't believe I would of sold all.
Current price is a buy not a sell. And expect volatility , because as I stated earlier, we are still a while away true value.
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