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Watch and learn son. From 10c to 28c boom!
This company is about to go belly up
Check financials a few billion in debt. It did a restructure bankruptcy already it won’t get another one
if you would like to see what a short squeeze line up looks like.... watch... UPLC 's line up on the ask!! get ready to rock!!
here we go UPLC the only runner today...boom!!
V-man boxing....its verty evident whats going on here!!!
UPLC im not a bottom player but this company is undervalued...get ready for .28 bad makers scramble to discourage!!
UPLC short squeeze!!! boom!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
BOOM..UPLC a monster in da making!!
BEEN buying up UPLC since 10c...this little snikerdoodle is about to blow up!!
Where did everyone go? This thing is a steal right now. Check out the O/S
FINRA revised notice: UPLM changed to UPLC:
https://otce.finra.org/otce/dailyList?viewType=Additions
It will open @ .07 or less. The SP is being propped up prior to tomorrow's opening. JMO
UPL changed to UPLM. Delisted from the Nasdaq to the OTC:
https://otce.finra.org/otce/dailyList?viewType=Additions
Gona be fun upside first day on otcbb tomorrow....load up cheapie now
Delist tomorrow... Amazes my why people buy the day before Delist...SMH
wow, waht a loss. i was in bevor bk. i sell over 200k shares @9$ after the bk and made a nice profit. good i have not to sell those shares yet.
Down to pennies. Ill wait a while before jumping in so I dont get burned.
U know it! Come on!
Stock price will soar on OTC market on Aug.8!
Just means it will now trade on the OTC due to the Company not being able to cure the deficiencies.
It will bounce all over the place until the day it's delisted. That day will likely see a drop of .55% - .70%.
GL
What does this mean for share holders shares?
Back to News Results
Ultra Petroleum Corp. Announces Commencement of Nasdaq Delisting Proceedings; Common Stock Expected to Begin Trading on the OTC Markets
6:00 am ET July 31, 2019 (Globe Newswire) Print
Ultra Petroleum Corp. ("Ultra Petroleum" or the "Company") (NASDAQ: UPL) today announced that The Nasdaq Stock Market ("Nasdaq") has initiated proceedings to delist the Company's common stock, effective August 8, 2019, as a result of the Company not regaining compliance with the $1.00 per share minimum bid price requirement for continued inclusion on Nasdaq based on Listing Rule 5550(a)(2). The Company expects that its common stock will begin to trade on OTCQX beginning August 8, 2019 and expects to trade under the symbol "UPLC."
After consideration of multiple factors, the Company's board of directors determined that attempting to regain compliance with Nasdaq's continued listing requirement be effecting a reverse stock split would not be in the best interest of the Company at this time. The transition to the OTC Markets will not affect the Company's business operations. The Nasdaq will apply to the Securities and Exchange Commission ("SEC") to delist the Company's common stock upon completion of applicable procedures. The Company will remain subject to the public reporting requirements of the SEC following the transfer.
About Ultra Petroleum
Ultra Petroleum Corp. is an independent energy company engaged in domestic natural gas and oil exploration, development and production.
This news release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended. Any statement, including any opinions, forecasts, projections or other statements, other than statements of historical fact, are or may be forward-looking statements. Although the Company believes the expectations reflected in any forward-looking statements herein are reasonable, we can give no assurance that such expectations will prove to have been correct and actual results may differ materially from those projected or reflected in such statements. In addition, certain risks and uncertainties inherent in our business as well as risks and uncertainties related to our operational and financial results are set forth in our filings with the SEC, particularly in the section entitled "Risk Factors" included in our Annual Report on Form 10-K for the most recent fiscal year, our most recent Quarterly Reports on Form 10-Q, and from time to time in other filings made by the Company with the SEC. Some of these risks and uncertainties include, but are not limited to, increased competition, the timing and extent of changes in prices for oil and gas, particularly in the areas where we own properties, conduct operations, and market our production, as well as the timing and extent of our success in discovering, developing, producing and estimating oil and gas reserves, our ability to successfully monetize the properties we are marketing, weather and government regulation, and the availability of oil field services, personnel and equipment.
For further information contact:
Investor Relations
303-708-9740, ext. 9898
https://ml.globenewswire.com/media/bc17ebfe-2cd6-4c3d-8193-7dc734c522f1/small/up-logo-rgb-lg-jpg.jpg
I had 5000 shares last run in 2016/17 if I remember the date .... .10 to $13.xx hopefully we can see again
wow....that soon?
U will see .10 tomorrow
Bk= bank of upl);;:
You ask what is BK. I didn't say anything. Just what it was
And what even gives you the notion that they are any where close to that?
bankrupt
I smell BK in the air...and no, it's not Burger King!
* * $UPL Video Chart 07-15-2019 * *
Link to Video - click here to watch the technical chart video
* * $UPL Video Chart 07-12-2019 * *
Link to Video - click here to watch the technical chart video
Can't raise the money needed for operations looking bad for home team
UPL needs $3mcf minimum to stay alive, however current strip prices indicate that Ultra will probably fall short of realizing $3mcf for at least the next 2 years.
Marker:
Ultra Petroleum Corp (UPL)
0.1982 down -0.0187 (-8.62%)
Volume: 3,767,372
FD: Monitoring only for an unexpected change in nat gas should it happen. I do not own nor plan to own UPL shares at this time. Currently this has all the signs of another nat gas bankruptcy in the making.
UPL will most likely be bought out before end of summer,,,, here is why
https://www.marketscreener.com/NYMEX-HENRY-HUB-GAS-2356084/news/Heat-Wave-Powers-Natural-Gas-to-Best-Week-Since-January-28831429/
This company is a BUY out target at anything under $1.
Umm..I bought @ .15-.17.
Take notes :)
* * $UPL Video Chart 07-08-2019 * *
Link to Video - click here to watch the technical chart video
I don't buy penny stocks during pump and dumps let alone HOLD THEM LONG...
Take notes :)
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