United Communications Partners Inc (UCPA)

[michaelmcl]

Can't say I'm overly surprised by the response today. Profitability was down and revenues were also down (for Q4). I did say we should temper our expectations given they already eluded to both of these facts in the Q4 shareholder letter.

We're still undervalued at these levels, but this wasn't enough of a catalyst to sustain a run, especially since there is so much unknown about the LP equity.

I think we're most likely heading back to trade in range for a while longer. Just my .002.