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Bullboard - Stock Discussion Forum 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... see more

NDAQ:UNB - Post Discussion

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Post by mitchellb25 on Dec 15, 2005 3:21pm

Got out.

I got out at .20 today. My reasons.... 1: Website is still down.....Makes me worry. 2: Alot of BS flying around with the 43-101 Compliance 3: Naughty pulling out of this. It sent shivers down my spine. I was on Vacation last week, and stupid me didn't have a stop loss at .25 Managed to pull a tiny profit out of this one. Not worth it considering how long I've held it. But at least I'm out with my shirt on my back. Call me weak, call me what you will. If they start producing some stuff...I may just be back in it. I just want to see it in black and white. Just my opinion.
Comment by streamer23 on Dec 15, 2005 3:30pm
I can understand your reasoning.At least you got out with a small profit.I'm here for the long haul.Best of luck in your future investments.
Comment by mitchellb25 on Dec 15, 2005 3:38pm
Thank you Streamer. All I can say is for now the money sits liquid, and I will see what happens when the mining commences, and they have their website up and running. I may jump back in when and if she hits .25 If things are the way they say they are then it could be an easy double or triple from here. "If things are what they actually say they are." Good luck in your investments also ...more  
Comment by Flipper59 on Dec 15, 2005 4:20pm
Good bye, People with weak hands should not play the market.small profit is not what is about,i could do it all day long,as a matter of fact, i do,but for good profits.you came into this stock to make money.Your talking about jumping back in when their producing News flash,they are,I said green yesterday and higher, and it will go higher from here ,time,patience and courage is required.There will ...more  
Comment by vcomtech on Dec 15, 2005 4:36pm
I agree, good riddance to the weak hands. I'm in for a huge profit,maybe we could see 50 cents. Everyone who sold at these levels will be kicking themselves next week, or maybe sooner. Any ideas how high this could go once all the Ts are crossed.
Comment by palladn on Dec 15, 2005 4:54pm
Ok. Lets start with these #'s: Profit on just Bald Butte for '06 @ 7.5MM u.s. (give or take) Shares FD (4 months after 2nd Tranche PP closing) @ ~45MM (give/take) EPS of .25625/share u.s. EPS multiple* Share Value** 5x .78 u.s. 7x 1.09 u.s. 10x 2.56 u.s. 14x 2.19 u.s. *Historical Average EPS is 14x. ...more  
Comment by palladn on Dec 15, 2005 4:58pm
Correction: (sorry about the mixup) Ok. Lets start with these #'s: Profit on just Bald Butte for '06 @ 7.5MM u.s. (give or take) Shares FD (4 months after 2nd Tranche PP closing) @ ~45MM (give/take) EPS of .1666/share u.s. EPS multiple* Share Value** 5x .83 u.s. 7x 1.16 u.s. 10x 1.66 u.s. 14x 2.33 u ...more  
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