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Ubiquiti Inc UI

Ubiquiti Inc. is engaged in developing technology platforms for distributed Internet access, unified information technology, and consumer electronics for professional, home and personal use. Its solutions are categorized into three categories: networking technology for enterprises, service providers and consumers. It targets the enterprise and service provider markets through its community of service providers, distributors, webstores and systems integrators. Its enterprise product platforms provide wireless LAN infrastructure, video surveillance products and routing solutions. It offers a portfolio of networking products and solutions for operator-owners of wireless internet services, enterprises and smart homes. Its professional networking products are powered by its UISP and UniFi software platforms. It sells equipment, and provide related software platforms, worldwide through a network of over 100 distributors, on-line retailers and direct to customers through its webstores.


NYSE:UI - Post by User

Comment by chartist848on Dec 22, 2017 5:20pm
177 Views
Post# 27219514

RE:should sell it when i had the chance a month ago

RE:should sell it when i had the chance a month agoI've warned on this forum numerous times that this company is a disaster, doing nothing but eroding away shareholder value. It's unfortunate for all those that have lost much of their capital. 

Don't believe anyone who states that you're ok with a reverse split. Just look at other money losing equities like LILY and SHRC who have both recently done share consolidations. The charts say it all. 

ARY will consolidate the shares and subsequently do another PP, this time with a Vanadium focus. This PP will once again dilute current shareholders. 

The market is very hot right now. While your losses may hurt, use you remaining capital to pursue money making opportunities. There are lots of great names out there. 

Good of luck to all. 
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