Partly this has moved too high too fast and also those with free shares are getting out...they are near free so whether its 55c 50c or 45c it doesn't matter. Theres probably many with the IPO who want to take a profit.
The sell down has been into a weak buy queue made weaker each night when the players removed their bids. Off course the sellers leave their sells in queue.
I got caught by the updraft mid Jan and cost me 17% in 10 days. :(
I did more research so i will share on a separate thread and it made me feel uneasy so exited most today
UNV Price at posting:
48.0¢ Sentiment: None Disclosure: Held
