Here is some honesty, and I think you can tolerate it now that the market is closed. There are guys around who contact companies with low floats like this one and try to convince them that they can and will lock up the shares if they just get some PR cooperation. They show up, take a ride and slip away, selling while the buying is at it's peak price. Longs are happy as can be to let them do that because, face it, things have been slow. You got to take profits while there are buyers. The encouragement is constantly not to do that on it's face, but believe me they do. When things take their normal course, people showing up not wanting to chase and bid sitting, and profit takers sitting back examining the waning MOMO and opting out, things quietly start to back slide, getting harder to sell as time passes. The slope gets steeper and new players get left behind, angry and adding dissatisfaction as they wonder what happened and blame shorts and MMs. Your FLD impersonators have left the field quietly, not wanting to rock the boat or leave a bad taste in everyone's mouth.
After a while, down the road, old longs see the PPS descend to levels below where they were before the run and perhaps another cycle will begin, if a slow day and interest is still present. The laws of diminishing returns set in and people start losing faith in their investments because they can't hold those artificially high levels for long. What you know is a good investment has now turned into an obvious disappointment so you are often left with less than you started with. People start looking closer for causes and day to day operations of the company may not give up the fast paced excitement that they want to see to generate the runs that they got to expecting.
It is sad that companies get trapped into these charades and damage their reputations by playing along with them. Let's examine the last 2 PRs. The play began before the first and it was not what would have typically generated excessive interest in a stock. Coincidence? Opportunism? Insider trading? Call it like you wish but it was definitely suspicious. Now for today's PR. Not one person here seemed the least bit curious about this mysterious university that is installing the wind turbine. Schools all over Illinois from middle school on up are doing wind power experiments and projects. If they actually connect to a grid they have to have a licensed electrician come to sign off on it. Not a big deal but if that is the case here, claiming the turbine as JVS's is highly fluffy. Similarly, classes for certifications for contractors is not that big a deal and those details were a mite vague as well.
I took the time to contact the investor relations guys and asked them about the omission of the university from the PR. That IS a big deal. Every other contract that UDHC has touted in the past has come with a customer's name cheerfully included. Of course they haven't gotten back to me and I don't expect that they will. I consider that sufficient to suspect they are cooperating in gaming the float.
I may be totally wrong about this and see the names that I have seen the last two days, still posting here months from now. I took profits as soon as I suspected the setup, it slowed down and I saw a good exit point. It find it annoying that what should have been a steady growth in PPS backed up by solid news, gave way to this circus. It is very hard to lock up a float. Even if we held 90 percent of the shares, on quiet days they can whittle away at the price with just couple of sells and people defect or just need money to play with.
All of that being said, enjoy your profits and almost 15 percent was a very nice Friday. Just lock your profits and pick a safe reentry point.
Mutual respect is important.
AI
