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sorry, site posted it 3x
another chart, it does look pretty coiled at this point
http://stockcharts.com/h-sc/ui?s=UCSO&p=D&b=5&g=0&id=p13207218328
another chart, it does look pretty coiled at this point
http://stockcharts.com/h-sc/ui?s=UCSO&p=D&b=5&g=0&id=p13207218328
a reasonable assumption yes, however, the company that tried to acquire the catalogue unsucessfully, did so using primarily debt...
their business model was a poor one however..
CD duplication,
what we don't know is how much of that was allocated for the acquistion of the catalogue, what portion may or may not be restricted, current public float etc..
so some filings would help!!
right now I'm considering this an investment more than a trade, until I find out more information about the company, business plan, share structure etc...
so I may add more, hold what I have, or sell some when I get some information to make a proper judgement about the long term prospects. obviously, at this point I'm feeling like its a reasonable risk to take at this level, with the position I've accumulated
I like what I see so far
probably the previous guesstimate of between 4m and 10m is more like it...
mods will delete any poll apparently, according to iam
must be at least a bit higher than the past data, as someone else here has roughly 20%, and that would make 70%
correct, until we get updates, everyone is speculating and making their best guess, based on price/volume performance and past information
25% here, based on the past information at least from the last pinksheets data in 08
good luck with your next trades
wow, glad I held some from the news monday
MMs sure are trying aren't they?
keep posting
actually I hope your right, because I'm still accumulating, but to be honest I don't think it can get there... a huge percentage of the float has been absorbed, and if we see 005 on a trade it won't be much volume, maybe a handful of shares.
drifting til next update or news, but its better to be consolidating around 01 than 005 like last time...
is the float still 4,010,785?
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=ucso
here is the old out of date pinksheet data:
Estimated Market Cap
$148,168 as of Feb 24, 2010
Outstanding Shares
10,011,384 as of Apr 29, 2008
Authorized Shares
175,000,000 as of Apr 29, 2008
Float(shares)
4,010,785 as of May 5, 2008
sure looks that way at this point
mms tried to flush out some shares, but only got a few. I filled some of those 008s but not all of them
thanks for the 008s
because no one is selling...
only had about 2m in volume total for an entire year prior to feb. 1 news
... so there obviously has been no pattern of dilution in the volume history
2 year monthly volume and price history
UCSO open high low close change volume
02/24/10 0.0004 0.1000 0.0004 0.0148 +0.0144 12,333,301
01/29/10 0.0003 0.0020 0.0003 0.0003 +0.0000 0
12/31/09 0.0003 0.0015 0.0003 0.0003 +0.0000 200,000
11/30/09 0.0003 0.0020 0.0003 0.0003 +0.0003 140,233
10/30/09 0.0003 0.0015 0.0003 0.0000 -0.0004 0
09/30/09 0.0004 0.0015 0.0003 0.0004 +0.0000 2,638
08/31/09 0.0003 0.0130 0.0003 0.0004 +0.0000 50,000
07/31/09 0.0005 0.6000 0.0001 0.0004 -0.0001 295,000
06/30/09 0.0005 0.6000 0.0003 0.0005 -0.0002 404,267
05/29/09 0.0020 0.6554 0.0002 0.0008 -0.0003 794,991
04/30/09 0.0003 0.0050 0.0003 0.0010 +0.0002 290,701
03/31/09 0.0003 0.0050 0.0001 0.0008 +0.0005 55,000
02/27/09 0.0003 0.0008 0.0003 0.0003 +0.0000 5,015
01/30/09 0.0004 0.0020 0.0001 0.0003 -0.0007 1,106,768
12/31/08 0.0007 0.0050 0.0001 0.0010 +0.0004 1,148,900
11/28/08 0.0007 0.0300 0.0001 0.0006 +0.0000 990,249
10/31/08 0.0040 0.0050 0.0001 0.0006 -0.0024 989,838
09/30/08 0.0050 0.0120 0.0005 0.0030 -0.0020 1,940,112
08/29/08 0.0500 1.0100 0.0010 0.0050 -0.0360 8,619,310
07/31/08 0.5500 0.6000 0.0410 0.0410 -0.5590 2,778,083
06/30/08 0.7500 0.8300 0.2200 0.6000 -0.1310 251,598
05/30/08 0.5500 6.5530 0.5500 0.7310 +0.4810 560,766
04/16/08 0.2500 0.2500 0.2500 0.2500 -9.3500 321,821
UCSO open high low close change volume
03/31/08 102.40 120.00 1.60 9.60 +0.00 5,015,850
apparently so. someone got a current OS total this week.
i guess we were all piled up there today...
I was bidding for 800 there
not me. didn't write. not in a big hurry here. just waiting for next update whenever they get around to it.
still holding everything I've gotten to date... roughly 3x where you're at.. and if it dips, guess what
i'm still adding more. don't care how long it takes.
I can wait a year, or more to see what happens..
willing to wait and see what happens
you win some you lose some.
I'm just willing to wait
well, you have no idea what he was bidding for it, and only an idiot would tell you.
I've been bidding for nearly that much today.
and gotten zip.
well its gonna be just about impossible to get that many shares now...without driving it way up in price... unless rainmaker comes back and rains on some people again.
if you look at the chart, its true, it went nowhere for about 8 days below .01
obviously if volume stops, any ticker goes nowhere.
that's why it will probably wait until the next news or some kind of update for it to change.
that being said, now that it is consolidating at a higher level, I would expect buying to move it up higher and faster than the last leg up to 025.
but
time will tell.
chart: here is what it looks like to me
after the huge pop on news,
we consolidated for days below .01, and the available public float was fully accumulated there.
after that it moved up quickly between the 01-025 range, and everyone who was willing to sell their position from below 01 did so, between 01 and 025.
now we are consolidating above .01, probably with a few not so happy investors who bought in the 02 range, who might seek an exit when we retest that level... so there might be a bit of resistance at 025 next time it moves, but probably not much resistance after that...
all just my guesses and speculation, but that is what the chart and volume patterns look like to me for now..
yah I found tons of those, in many genres when I did a lot of google searches... marc is everywhere
so both scottrade and etrade are allowing online trading in UCSO, I guess that leaves ameritrade only one requiring phone orders?
i see 2 fills, 20k followed by 2k
i think they probably got burned pretty badly that first day, and haven't forgotten it yet
took 14 minutes to get a few shares at 011... that's amazing