It actually impresses me that the remaining UNGS posters on here are educated in the market. It's annoying when you have a bunch of people posting emotionally charged BS. So thanks to you all for being intelligent.
I have to admit that I have found myself to be accurate on chart analysis only about 40% of the time, which means I've been wrong 60% of the time. But the 40% that I have been right on have made me some serious cash. I rode GDSM up over 420% before getting out and two days later it started its decent into neverland. I bought Under Armour and tripled my initial investment before getting out...and then it went up further.
In UNGS, I would say you are a fool to hold short because it is too volatile. People are waiting for news like a bunch of Junior High Kids waiting to be asked to the school dance. But if you're wise, you will make your purchases at strategic times and hold on until the news hits and the stock chasers buy in, launching this trough the roof. That is where I sell. On the wave of huge news.
UNGS hasn't publicly posted news about the "Acquisition", but I am pretty sure it already happened. Hence my post about my discussion with the well worker who was finished with 12 of 24 wells he was charged with getting online...check out the corresponding number of wells in their PR that they were supposed to acquire. See any similarities?
So while a small company like UNGS may be lagging in publishing PR to fuel stock prices, it doesn't necessarily mean that things haven't happened. Do your DD and look deeper to find the news before it's news.
Cheers
AI
