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Yeah, I knew that the surge was probably before July, but was too lazy last night to look up exactly when the buying frenzy started. Thanks for the clarification.
Very possible...that would help to explain the sudden collapse in share price. The remaining reason would be contributed to the traders I suppose.
Cashed out completely was not my understanding; converted to stock was my perception of the rumor.
I was addicted when I first invested in the UVSE stock (last year). I kinda lost interest in it when it went from .86 to .40, so I decided to put it on the shelf for a while. Once I was able to average down to .04, AND, the company started generating revenue, I became excited again about this company. Revenue speaks a whole lot about any company on the market - especially the OTCBB!
I would be very pleased if they didn't have to increase the O/S any at all, but we have to remember that (at least) one of the CD holders didn't want to blow ball with the company and converted their shares already. The company will have to issue enough to cover this one circumstance. Don't confuse my opinions about this company as a negative - I firmly believe in the company's ability to generate revenue, and eventually increase shareholder value.
Agreed, and with the amount of reporting that we have been sending the SEC's direction, the MM's may try to make an example out of this one - kinda like cutting off their nose to spite their face.
Unfortunately, I have to disagree with you...the added A/S will probably only fuel the shorters even more, and that it will take an eye-popping 3rd quarter revenue-busting 10Q to turn it around. IMO, of course.
It is probably not going to trade more reasonably until after the 3rd quarter 10Q. I'm kewl with that, coz not all of my shares have reached the "long" status yet - I hate paying Uncle Sam all that extra tax revenue when I don't have to.
I have no doubt that the first well will eventually produce revenue for the company; it was just a lil too soon to broadcast it. IMO
IMO, there is no possible way that the A/S vote did not pass. For those of us that were actually around from the first few days of July; then you will remember the massive amount of shares being scooped up - I really don't beleive those shares were being bought by the you's and me's of the trader/investor realm. Those shares were being bought by friends, family, etc. to insure that the vote went the company's way.
Cannot argue with that logic. My shares and I have no where to go anyways (GRIN), but up!
I would venture to say that any/all positive about this company's growth/potential has been stated over and over again. The negatives that have been coming out within the last 3 weeks really have no basis. IMO
Yeah, once I realized that I sold my remaining shares for a substantial loss. I was holding 50k of this stock thinking that it was a good company to invest in - guess that tells you about my stock picks (LOL). Thanks for the reply!
No. If the A/S increase passed, then they have enough in reserve to cover any possible takeover by percentage owned stock.
You are preaching to the choir here flygun - the manipulation factor has been going on for at least 3 weeks.
I agree 100%. What is the point is publishing negatives about this company valley?
You were gone for a while Rally - but I agree with what you are posting here, and I am not a pumper. I am a long holder of this stock because I believe in this company's ability to generate revenue and eventually enhance the shareholder value.
Hmmm....sell for a loss or....sell for a lose....no brainer to me. Hang tight for a lil while longer - if you believe in this company.
Hi Bob! (loved that show)(GRIN)
You haven't lost anything until you sell. Believe me when I tell you that there are many that are currently down more than you. I have the faith to believe that the full potential of this stocks' value will be seen by those of us that are willing to hold long & strong. Keep your chin up on this one.
My bad - only had L1 called up. L2 has all the normal players.
NITE just re-joined on BID/ASK
ARCA just joined on the bid.
Something must be about to happen because only DOMS & AUTO appear on L2. What's up with that?
You would think that the MM's realize the full potential of this stock? Why would they short-change themselves by selling at a value which they know could easily double from that point? IMO this stock has a potential to soar at least 100x it's current trading value. If I can figure that much out, then surely the "gods of the stock market" can.
Was that just a 15k sell at the ASK?
So far today it's looks like the same ole trading scenario that has been occurring for the past several weeks. IMO tomorrow's trading day should tell the tale about this stock.
Unless someone attending the meeting sends out a broadcast, then we probably will not no how the votes went until after the market closes. The meeting is 2pm EDST, not EST.
2pm EST today.
G'day to all "happy" UVSE shareholders! I will be in and out today - it's just like a Monday morning where I am - lots to do and a short time to do it. GLTA (but shorters!)
IMO (and Cramer's), is to do the DD before investing/trading in any security - especially a BB or Pinky. Many of the investors/traders perform "emotional trading" based upon forum discussions (not just this board), which has a high potential of separating one from his/her money - and usually does.
Welcome to the forum Tex! There are many posters and non-posters on this board that are holding a considerable amount of this stock and agree whole-heartedly with you that this is an outstanding stock. Lately there has been an increase in posts indicating opinions of this stock going sub-penny, however there is no solid basis for this. IMO the serious traders/investors in this stock have done the DD and arrived at the same conclusion as you have. GLTY
Can you please explain why you beleive this stock will go sub-penny?
IMHO, at these rates, and even up to .50, the traders/investors of this company's shares will be able to experience a minimum of 100% growth in the intermediate/long term growth of this stock.
I suspect that after the 3rd quarter 10Q, bank financing will not be a problem at all.
I voted for, for, for, against, for. I beleive that the company directors are doing an incredible job at increasing revenue for the company and increasing shareholder value. The A/S is required in order to stave off possible liquidity and/or bankruptcy due to the past CD's which were required to further the drilling capacity of the company's goals. There may be a future increase of O/S, but with the current and future revenue growth of this company, I am not the least bit worried by it.
A big push would be good! Got my "get out of jail free" card already in my hand. Go PINR!
Couldn't agree with you more. And as a further testament to my belief in this company, the first 50k shares slapped at the ASK will be mine in the morning. GLTA
Well put Mike - those of us that continue to accumulate until this stock reaches it's full potential will have a very nice payday...IMHO of course.
I'm okay with sideways - just allows me to add more to my long holdings.
WOW! What a superb and beautiful scenario! I really do beleive that something big seems to be brewing in the background for this company.