I noticed UBNT is up 7% today on high volume and wondered if anyone out there saw any reason why other than a bounce off serious lows. Just curios that I couldn’t find any news on such a move.
Randy
They held an annual meeting today at 1:00 EST. That probably accounts for it.
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That was yesterday. Today it must be because the Memphis Grizzlies kicked some serious backside of Golden States’ 16 game win streak.
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Gap after earnings will be closed at $33.87.
Robert
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Aircrm public beta:
http://community.ubnt.com/t5/Ubiquiti-Announcements-and-News…
This is great for supporting wisp companies.
Will also help keep wisp to be pure ubnt provider.
Iain
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Interesting. I sold Nov puts before the last earnings at $34 for about $2 and got the shares put to me. So now I need to decide if I should sell calls against the shares and at what price. If I believe your chart reading, perhaps I should sell some $34 Jan calls or even lower if you think that is a new ceiling.
Randy
Randy
My chart reading is pretty basic but it was off a penny. I know there will be lots of resistance above $33.87 but the short interest is high. If it takes out that price on high volume anything can happen. A little news would help.
Robert