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Excellent post. Thanks. It is Capstone's time to shine.
Here's one for your Investopedia - A POS is a POS is a POS.....
and all pink sheets are POS. Do pump and dumpers make money off them?....yes. They are still Garbage!!!
......and then there was a 1 for 20,000 reverse split......
Why? So you can sell at .0001?
Ditto! I appreciate your input. GLTA
Excellent reply!
Thanks!
Did you make the phone call?
Right on the MONEY!!!
I also bought at about that same time and you know what, the %#@** that laughed at that will get his when he's the one who gets burned(and I hope it's big & painful). He who laughs last, laughs best!
For what it's worth, you're not alone. Holding position over 3.00. Dilution certainly would not help matters, but call me whatever, I still feel that in the "very" long run this company is going to thrive. I would wait to see what happens in the next couple of days and if things are looking more steady, maybe, just maybe, pick up a little more to average out. Is that a really bad idea? Wadda you think?
Bankrubt?
What is this?
Good post DD2win.
P.S. - Santa said you've been a good boy. Hopefully he'll send you UVSE going to $1.00.
I didn't say you made anything up. I'm referring to the end results here. Not what "should be" or "could be". What "is"... and what is, is not pretty. I wish it were not so. and again.....I've read it all(many times), but it doesn't change the reality of the pps.
Once more.....GLTA.
I'd love to see a miracle.
Is there such a thing as a legitimate penny stock?
There you go Darkmatter...another reason to buy UVSE!!! Wattsa matta wit you?
This would all be very funny if it wasn't actually costing most of us money. It appears that there are people here who are going to tell everyone what a great, incredible, revenue-producing, growing, fantastic, mind-boggling company this is.........until the day it hits .0001 and then does a 1 for 10,000 reverse split.
Other than that I say I'd say this is all going very well. Oh yeah, it's going to be investigated. Gotta go, Santa's at the door.
Anyone aware of any reason(s) for this sudden 35% jump in pps?
About one year ago I believe I saw a mailer re: this stock that read exactly like your posts. The stock was then trading at around $1.90.
WOW!!! Are you in advertising!!! Was that a commercial?
Like I said, good luck to all!!!
Good call NavyPilot.....Best of Luck in all of your future endeavors!!!
If they no longer need to sell stock and they are self sustaining, why the need to increase to 1.5 billion shares? C'mon, I wanted this company to be something real also.
I still do. But what are you going to say when it goes down to .0001? Still waiting for the next "bump"? I am not here to bash, just really sick of all the lame excuses for why this stock is where it is. We've all seen this before and we'll see it again. It is what it is. The proof is in the price.
BTW, if by some miracle it ever turns around, I'll be the first one to tip my hat to you. All the best.
You "believe" or you know?
Take a deep breath. Take a look at what you are talking about.
We're talking about a stock that's trading at less than $0.005.
Same stock was trading at almost $2.00 a little over a year ago and being pumped as the greatest thing since(sorry)"sliced bread". GLTYA
Fordgt...Not being facetious here. Just trying to learn. If you have the time, can you please explain to me(in laymen's terms) what you see in all of this information that leads you to say .50 is on the way?
Thanks for the words of encouragement in your other message. Yes, never thought it would be such a long ride. Hang in there. Best of Luck!!!
Just to put things in perspective. Take from this what you may. I believed wholeheartedly in UVSE when I bought in at $1.91 a little over one year ago. A little less than 2 months later, after the price dropped like a brick, stupidly bought more at $1.00; thinking this company has such great potential(there was a great deal of pumping of the stock going on at the time). It held at around $1.00 for maybe a couple of months, then the next painful decline started. I had already given up and stopped watching for quite awhile. When I resumed watching it again(like the painful tooth that you can't stop touching), it was a fraction of $1.00.
It wasn't done yet - it then had drops of 50% to about 65% - in one day. Check the charts.
I sent a few emails(between August 2007 and June 2008) to Billy Raley re: the collapse of shareholder value and inquiring as to what he was doing to remedy this and when he might consider a press release to try and do something to save his company share value - here's one of his replies(from June 2008) which you all might find to be of interest:
"Thanks for your note ***. Please understand this is a function of the money raise we just did for operations at Lone Oak and the completion of the Caviar pipeline. They are converting their loan to shares and selling them. Every share that the debenture guys sell helps us in two ways. It removes debt from our balance sheet permanently and it reduces the interest payments we make monthly, thereby lowering operating costs.
Universal Energy is a great company and will be even better in the very near future."
Billy Raley
Chief Executive Officer
Universal Energy Corp.
30 Skyline Drive
Lake Mary, Fl. 32746
T - 800.975.2076
C - 407.562.8162
F - 800.805.4561
braley@universalenergycorp.info
The very near future is now here. Now it's under a penny.
Sure thanks. I'd appreciate it. Alpha trade?
Thanks for the info. If you don't mind my asking, where did you get that info. from?
Definitely. Will be an excellent play again, but where is the bottom?
Thanks Cyberyak. Good input. I'm in the same boat - in at much higher and contemplating averaging down. I would just like to see some more info. from press releases, etc. but the releases are far and few between.
I just sent one as well. Hopefully with enough requests, they will release some news.
Will this company ever follow through with anything they say they plan to do?
Every few days someone buys tiny bits of this stock for 15 to 20% higher than the last. Then later in the day, poof, lo and behold, the price drops 15 to 20%. All this on 10,000 to 15,000 shares traded.
Manipulation???
Thanks. I only wish it wasn't true, but it is what it is!
Excellent point Rocky! That's why I say they sold themselves short on these licensing deals. Gave away way too much for way too little in return. Doesn't make sense. I hope it's not a fire sale.
You are right on the money. There is no logical explanation whatsoever for these type of trades - except manipulation.
Keep up the good work and please keep us posted.
Then why would he sign it -"By Bhattiprolu Murti"?
Inquiring minds want to know.........
The author's Name and Phone Number are given at the bottom of the article.
Disseminated by Dow Jones News Service.
As a shareholder, I would love to see TMA rise up mightily, but you have to look at every bit of news - the bad as well as the good.
What do you make of this?
-----------------------------------------------
UPDATE: Thornburg Mortgage Says Survival Remains In Doubt
16 minutes ago - Dow Jones News
Related Companies
Symbol Last %Chg
TMA 0.59 47.25%
As of 9:49 AM ET 8/26/08
(Recasts throughout; updates lede to mention viability issues; adds details about margin calls in second and third paragraphs; includes stock quote in fourth paragraph)
DOW JONES NEWSWIRES
Thornburg Mortgage Inc. (TMA) said Tuesday that its survival as a viable business continues to remain doubtful following additional margin calls.
The real-estate investment trust said in its delayed quarterly report filed with the Securities and Exchange Commission that as of last Friday, it has identified additional downgrades in its portfolio that would result in margin calls of $25.9 million.
The company said that last Thursday, it met margin calls totaling $219 million. The company also has received and met margin calls on certain interest rate caps and loans on warehouse lines, according to the filing.
Thornburg shares were up 15 cents, or 38% to 55 cents, just after the market opened.
Thornburg was saved from the brink of bankruptcy earlier this year as it faced margin calls from creditors amid the declining worth of mortgage collateral.
The company received $1.35 billion in financing from a group of investors led by MatlinPatterson.
Last week, Thornburg said it was extending to Sept. 2 its exchange offer for preferred stock as it tries to overcome the final hurdle to completing a financing deal vital to its future as a viable business.
The extension comes about two months after Thornburg disclosed in a federal filing that it has substantial doubt about its ability to continue as a going concern for the foreseeable future filing, despite the fund-raising plan announced in late March that rescued it from bankruptcy.
Like other mortgage lenders, the Santa Fe, N.M., company has been under pressure during the housing crunch as the value of mortgages has fallen precipitously. But Thornburg's troubles have been of particular interest because it specialized in loans to relatively wealthy, credit-worthy borrowers and not subprime loans.
-By Bhattiprolu Murti, Dow Jones Newswires; 202-862-1357
Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/al?rnd=Vuaqfr0k0EjFVgItPQ%2F8FA%3D%3D. You can use this link on the day this article is published and the following day.
(END) Dow Jones Newswires
08-26-08 0932ET
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