I have posted on this board many times in the past several weeks. I have been consistent with what I have posted on my thoughts on UNDT and will continue to stick to what I have said all along here. Read my past posts; I said that there is NO way in my belief that this stock could get into the pennies with the # of shares out there. And.... there probably was dilution in the past few days. And.... the Co posted "News" numerous times in the past week or so saying they are offering their product over in that area. I also put limited credance in that as the release seemed to come out to frequestly and back to back.
With that said; I DO believe we can see a decent PPS increase here in the short term. No, not pennies but easily into the mid to maybe high .00's range. I say that as the situation is still unfolding and the momentum alone can take this up maybe 100-200 percent in the days ahead with the right news.
The problem is that so many want to get a HUGE gain and when they didn't get that in a day or so they all moved on. Hell, if this thing went up 100 percent in the next few weeks I ask "What is wrong with that"?
In todays investing world if the "Quick fix" doesn't happen in a day everyone is unhappy and moves on. So be it.
I say that this thing still has "Legs" despite more shares out there. There are alot of posters talking and focusing on the dilution factor. Yes, hands down, that will keep this thing from skyrocketing. I've said that all along.
What I am saying is that this stock has a very easy chance of seeing a 100 percent gain and by me that is awesome. I do not look for the "Kill" anymore and seek 600 percent or plus. Been there and done.
For those that believe in this-HOLD! For those that wish to entertain us here with #'s of new shares put out-continue. I have no problem with that. I invest in what I believe in and NOT what I read here on these Boards.
With the above said; I am looking for a small movement up into the maybe .002-3 range and that would be an awesome gain in my mind and at least for me. Others can laugh all they want. I'll take 1-200 percent anytime it presents itself.
Thanks for reading and GLTA regardless of your opinion.
AI
