Hi Dave
Yearly support was broken. It was at 4.00. There is very little selling now, any big money that wanted out, is already out by now.
I really don't see much downside from here. If the stock came down due to the last quarter earnings at -.10, with the one time charge, I would be really surprised if, after next quarter report we are not back at 6.
As you know, UCMP moves on news, and although they are not a company to spew out press releases, the few that do come our way are usually a mention of a new job, or contract. That always proves for a nice rally. I know it's boring as all heck to sit on dead money, but with this one, at least I have enough confidence in them to believe that eventually I'll profit from it.
Actually anyone taking entry now, sure could not get it at a much better sale price <ggg>
Sue |
