Speculating in Takeover Targets Message Board

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Strategies & Market Trends : Speculating in Takeover Targets

ULBI 6.970

-0.9%

1:32 PM EST

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To: The Ox who wrote (4389)	3/2/2017 12:10:18 PM
From: richardred	of 7239

Hi OX: I was clearly disappointed by the earnings disappointment. Before yesterday, the stock had both indicators working for it, both Technical's & Fundamentals. I added on the dump because the stock is not overpriced IMO based on the current PE. This given the state of the market in general. The way I see it currently. Prospects are still good moving forward and it pays a fair divided for which it just declared. P.S. The block at the open yesterday 22,000 shares. I believe it was. The stock is ill liquid to take that volume for what it usually trades. Volume is more normal today. This not to say more downside volume might be forthcoming.

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