Umbra Applied Technologies Group Inc (UATG)

[Mcol52]

That comment makes sense? Based on what? I dont see it. Market is reacting to increased treasury rates and bloated borrowers use to low interest rates on cheap money. 10Y T notes are up almost 50 basis points! Why buy tech stocks when you can be guaranteed returns from the government? It will balance out and stabilize. Its called a market correction on overpriced tech stocks combined with a slowdown from the damn Fed raising rates too fast! Doesnt help that the Powell and the President dont see eye to eye. Think about it, The Fed raised rates three times so far this year!!! Why would you do that in the middle of the this countrys greatest economic recovery? When was the last time that was done? Too much politics in this country. Panic will just make it worse and delay the balancing out. Market always finds its natural equilibrium. This has NOTHING to do with UATG and I seriously doubt a non-reporting pink trading sub-penny at a couple thousand dollars a day will be effected by the overall market. It will however be effected by panic and misguided spread of incomplete information. Not looking to pick a fight or insult anyone here but those of us that trade here dont really matter when it comes to the overall market. Anyone who thinks so might be giving everyone here a little too much credit or maybe boosting there own significance in the one of the biggest economies in the world. of course as you guys say here..... that is my opinion