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Ubiquiti Networks, Inc. Message Board

  • axb7092 axb7092 Aug 11, 2012 11:41 AM Flag


    UBNT will buy back approximately 5 million shares Monday. As Pera has always stated this company is for the LONG TIME INVESTORS, so see ya later shorts. This company makes money short and simple, and believe me the next quarter results will be 100 million which will in turn take care of the longs. See ya later shorties

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    • are on the right track....they will be buying the float back (over time-2-3 mos)....then lookout!

    • that's a good thought but, per terms of the buyback, they are only permitted to buy 25% of the average daily volume for the past thirty trading days, on each trading day. I believe the average daily volume for the past 30 days is about 700,000 shares, so the most they can buy daily is about 175,000 shares.

    • I agree a BUYBACK is coming! Maybe not all 5 million shares. The total BUYBACK could be 10 million shares. Monday could be tricky...could go down some (.15-.45) on 2-4 million volume just to shake out the weak knees. Personally I see a pull back early up 11:30AM and a come back and close up to 8.95-$9.70. The BUYBACK will be about 1-2 million shares a day and less that $10.00! I'm long on UBNT! I'm accumulating shares at these prices! BOL

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