UMC 0.00% $1.30 united minerals corporation nl

profit taking or cold feet

  1. 12,569 Posts.
    lightbulb Created with Sketch. 1959
    I have no doubt that the sp is currently subdued, due mainly to profit takers/free carriers who were waiting for the new financial year to make their move.

    Obviously, most would like to achieve their goal by selling some at the $1 and above, however it's starting to get a bit crowded at that level.

    Good example of the this, is one of the 50k sellers at $1 is now in at 95 cents.
 
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