TSXV:KUR.H - Post by User
Comment by
ULSTERMANon Apr 12, 2000 12:45pm
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Post# 1770228
RE: Why are people selling?
RE: Why are people selling?I think you are right that the CDNX will double after this correction.
If it goes to 2700 a double would be 5400. We could see 5000 by next March.
>Do you DD, and you'll hold if you're a real investor.
I did my DD on UBS and bought it at .70 cents and sold at $12.60.
I guess I am not a real investor because I sold 70% of all my stocks 4 weeks ago, and waiting on the sidelines with cash for the correction to end.
And I hope you took your profits if you bought it at .56 cents.
>Watch UBs go to $30 after the sell-off is done.
UBS could go to $30 or higher if they get more big contracts, and don't just sit back because they got a deal with Hughes. If they do come out with more contracts this would be a good time to buy.
>I think UBS will bounce back tomorrow.
Only if the entire market bounces back.