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=) why i said to watch NITE and AABA yesterday. i thought something was up with him
Can they just change the float on us with a moments notice?
Watched UIBT for a while today. I think you guys are picking on the wrong person. NITE is the one to watch, especially since he has not filed a followup on those SC 13G shares. Hides behind AABA, jumps to the inside bid, does whatever he wants to do, and goes back to his old position on L2. Sometimes aided by AUTO.
JMHO ...
That lil' bit of action was from AUTO and NITE on the bid (BTW):
UIBT(2011/08/04)
Time (EST) Volume Price Exchange Bought/Sold Tran/Type Legend
13:38:24 500 0.05 - OTCEQ_NBB
13:38:15 500 0.052 + OTCEQ_NBB
12:33:57 1000 0.05 - OTCEQ_NBB
11:25:03 500 0.05 - OTCEQ_NBB
AABA ran down from the line of fire and is now back to $0.051 x $0.061.
1 for 40 isn't bad. The last shell I was in did a 100:1
I will hold the little I have with the rest of you folks. Working together is always good.
Old shareholders were prob mostly wiped out with the 1 for 40. Pam Alexander or who she works for or represents has the majority. Good things to come.imo
Any ideas about who is going to take this over? Where are the old UIBT shareholders?
Because the bid and ask keep changing all day long. Needs close attention. But with the current volume we are getting in UIBT, not worth my time. So I'm elsewhere today. You know where.
Enjoy your day!
Crazy for a retail person to do that. So if they are shorting at the ask and I know people who bought most of the shares at the ask and the bid then how did AABA cover?
Most probably. And could be any one of us actively posting on iHub, on or off the UIBT board.
So you think this is a retail shorter?
As of close on the date reported, YES!. Market open the next morning, all bets are off. Main reason is that all shares sold, and were purchased less than 3 days prior, all go into that ShortVolume bucket. That is the major unknown in the equation. Some of them settle the very next day and can no longer become short position.
So you believe that regsho list is accurate?
AABA is still here because he pushes his 3-day window forward. Everything that could possibly have been short thru August 1 has been covered, according to FINRA Daily Report. These are the only Yet-To-Be-Delivered outstanding.
20110803|UIBT|3500|0|8700|O
http://regsho.finra.org/FORFshvol20110803.txt
20110802|UIBT|26700|0|60200|O
http://regsho.finra.org/FORFshvol20110802.txt
Notice I did not call the ShortVolume short position, because it is not, yet.
Yeah but I doubt anyone here except maybe 1 person is using AABA. If it were 3 or 5 diff MMs selling and buying I could see that. but AABA at .065 getting hit on the ask is shorting from AABA. And someone outbidding AABA and getting shares is someone blocking AABA from covering. Im just saying AABA is definitely not even here. hes got to have a good amount of being short since he showed up. If he wasnt still short/shorting he wouldnt be here. Wiat til you see a flood of buying at the ask. I bet any money he covers a bunch up to .10s+.
You and I both know that not all ask hits are buys. Some of us are selling the ask. Many traders buy the ask, sell the ask.
Enough said.
Dont know how he can cover bc its been a lot of ask hitting and i know a few people sitting the bid jumping over him and not allowing him to cover.
I totally agree with you on the shorting and covering. AABA covers his shorts within a day or two, thereby pushing the 3-day window forward. But short 175K? That was taken care of a long time ago, if it ever existed.
The UIBT game is very interesting because noone was able to frontload. We all started from $0.020 and up.
Have a green day!
You got that right. People dont know what we have here with the short.
UIBT if we had pressure on the ask (which we don't ) then we could force covering on the shorts at a higher PPS
I usually dont either. But I never seen this like this before. This L2 activty clearly shows shorting and covering real time. Its textbook.imo
AABA came with the volume. NITE was already selling his 10% at the beginning.imo AABA came afterwards. Just look how automatic AABA is.
Ive played many dormant reactivated shells and I dont ever recall someone coming and shorting like this on a low floater reactivated shell like this. Usually its a fair game between retail investors but AABA has been jumping all around on bid and ask.
Whoever has been selling through AABA appears to be running out of shares. Could have been NITE selling his 260K shares for which he filed Form SC 13G. We'll see.
(BTW) I never subscribed to that short position theory. But each to his/her own.
keep ur eye on NITE and AABA. theyre playin an interesting game. its pretty funny watching them
UIBT once the .072 s are gone this could get crazy
This can go over .10 easily if just a couple orders went through at the ask.imo
As a group we can make a difference. Thus far minimal selling. As we wait for the news, let's sell (if you must) at the ask and buy at the ask.
Of course everyone can do whatever they want, but this 2.5 million outstanding share stock could easily go up to a $1.00 plus with good trading or just on the expected upcoming news that we are hoping is very favorable.
The recent trading seems to be working in our favor especially the buys at the ask...very very commendable. Let's keep it up.
Nice close, almost all the volume in the last half hour today, more accumulation.
Yep. Did you notice NITE jumping around on the ask towards the close? Ran as high as $0.720. I want that! LOL!
Looks like everyone here taking a nap. zzzzzzzzzzzzzzzzzzzzzz
UIBT - $0.068 x $0.0715
Then you guys need to step it up ;)
I can wait as well, in fact, all runs are different, so this one will have it's own as it's already has started.
i can wait. the longer it takes the more cheapies i get =)
just wait a little...
MBOT
it will come, then lookout!
'
MBOT
I got 250 shares on the bid at .045 lol, then someone jumped me. dammit
move it up to the ask!
that would be oh so sweet
look at bid now....some one flashed 55k on bid, gone now .oops?
MBOT
none of my friends...?
MBOT
hope she files soon
MBOT
who's the turd stacked at .07?
damn common name! lol
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