Apr. 21 at 11:17 PM
$UI I’ve sold most of my position- between
$680-
$1060. Kept a few hundred shares because some day, when I meet Robert Pera, I want to be able to look him in the eye and tell him I’ve owned ubnt/ui continuously since 2012/13. Through the ups and downs. And I will tell him how grateful I have been/am for the opportunity to invest in him. He has made me rich. Fortunately, those shares were mostly in my IRA.
Here is my hope for the future: earnings for Q ended 3/31 are good, but the shorts start piling in again because….well, why not! The PE ratio returns to something sane.
Then, I will reload for a long position.