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Union Bankshares Inc UNB

Union Bankshares, Inc. is a one-bank holding company whose sole subsidiary is Union Bank. Its business is that of a community bank in the financial services industry. The Union Bank provides full retail, commercial, municipal banking, and wealth management and trust services. It is providing retail banking services to individuals and commercial banking services to small and medium sized business corporations, limited liability companies, partnerships, and sole proprietorships, and nonprofit organizations, local municipalities and school districts within its market area. Its products and services include commercial loans for business purposes to business owners and investors for plant and equipment, working capital, real estate renovation and other sound business purposes; commercial real estate loans on income producing properties, including commercial construction loans; online mortgage applications; business checking accounts; online consumer deposit account opening, and others.


NDAQ:UNB - Post by User

Post by MolySpecKingon Jun 01, 2007 3:49pm
247 Views
Post# 12879609

FWIW-Price likes to retreat on lower volume

FWIW-Price likes to retreat on lower volumeTake a cursory glance at daily volume. You will see UNB tends to slide on lighter volume days and move strongly on heavier days. Sounds bullish to me. In looking at past runs, it seems UNB tends to consolidate before each run that drives it up 50-100%. The atmosphere at these levels may be maing me light headed but I want more upside! The PM rally may be diverting attention away from moly plays like UNB for the time being. If as I believe this PM rally will last at least a few weeks more, the moly plays like UNB will certainly regain some attention after being overlooked for another few days. A rising tide should lift all boats, moly boats included.
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