Ubiquiti Inc (UI) Social Stream

Featured Post From StockTwits About UI

$UI It’s been the practice of $UI to take an extra week when reporting year end earnings.

I’m really at a loss to see how the company can disappoint on either rev or earnings. At least as far as moving the stock price down.

There just isn’t a big group of shareholders waiting for covid -earnings to dump the stock. That group would have taken the singular recommendation to sell since April 1. I dare say every significant shareholder has been contacted by Credit Suisse to help flatten the big short.

On the other hand prospects for company are good. The UDM Pro Family and of controllers is causing massive demand across Unifi. The latest wifi standard 6E opens a third band making existing dual band radios obsolete. And finally, the Biden infrastructure bill has crazy rural broadband incentives. Finally, on April 1 - Wells Fargo juices the company credit line $500 million to meet product demand and Pera buys an apartment in Taiwan to oversee channel fill.

Go UBNT