UARM 11.5% gain last week

[Will]

UARM is smokin'
11.5% gain last week

[church mouse]

I've been hanging in there since the IPO and have had a few uncomfortable days, to say the least, becauseI think it's got potential over the long run.
Was glad to hear Cramer give it such a positive mention last week.
Beth Ann

[jhumphr]

I have bought and sold it twice over the past two weeks as it moves up and down ... first time made about 10% and then about 13% the second time. I will do another 'mon back if it drops down again to the $26-7 level. :D

[mhertz]

huge pullback on UARM today - putting it back to more realistic levels?

[jhumphr]

Cramer was right on this one getting the muscle at the end of the year. Wish I had an active subscription to ActionAlertsPlus so that I would have had the more complete picture on his logic. I may have gotten back into it again at a higher level.

Nonetheless, I still don't think the high numbers were based on anything other than hype and the fact that there were (are) not too many reasonably sound buys in that sector.

I think it is likely still prematurely high at the current price. I think it may drop a bit more, then the 'mon back.