Bullboard - Stock Discussion Forum Union Bankshares Inc UNB

Financial Services

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

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NDAQ:UNB - Post Discussion

Union Bankshares Inc > MA(50)

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Post by theNumbers on Apr 04, 2006 12:26pm

MA(50)

Looking for support at the 50 day moving average which is at $0.40 today. Volumes are lower this past week with the sideways movement. Looks like anticipation of news. I would have thought a NR announcing Bald Butte milling would have been out by now as trucking to the mill was indicated as underway in the March 24 NR. We should also get a NR with the drill results for South Baird and announcing the company's intention to "further increase the drill program". The latest indication is that this NR should be out by Friday.

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Comment by WesternRookie on Apr 04, 2006 3:19pm

From a TA point of view, it could go either way right now. Since I've now bought the najority of my position back. I'm hoping for a strong close. Yes it is teetering. Fundamentals too stong to go much below .35... CHeers to UNB LONGS. Our DD and patience will be rewarded. WR

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