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Of course Im kidding, twas sarchasm. I alway get a kick when someone buys 200 shares of a 8 cent stock. There's just no explaination for that. What, they needed a bubblegum fix?
No substance lately to provide support. Id be surprised to see it drop much below .01 though, there seems to be support at that level. Kind of a dry period right now waiting for the PR's to come into reality. If they do we will zoom in a hurry. In the meantime its just another 'play'.
The last begining to end periods reported went from 128,424,489 to 132,004,555 OS. Not exactly a BIG printing machine is it? Less than 4 million shares. Other companies I watch are dumping 30-50 mill new shares per quarter. Not much evidence of a P&D here right now. In the past, yes, but not at the moment. If the next report comes out and there is a huge increase in OS, then we will have a different story. It is this type of information that we as investors will always know too late.
Look at today's numbers, someone is definitly loading up. Man, those last 4 trades...:)
0.084 300 OBB 15:47:08
0.084 700 OBB 12:09:48
0.084 400 OBB 11:28:52
0.083 200 OBB 11:28:52
0.08 2625 OBB 10:42:48
0.0825 10000 OBB 10:27:20
0.0825 2000 OBB 10:09:36
0.0825 10000 OBB 09:53:22
0.0825 6600 OBB 09:48:56
0.083 8000 OBB 09:37:28
0.085 11800 OBB 09:32:36
0.083 11800 OBB 09:32:36
"The stock seems to have no shortage of sellers in spite of all these exciting PR's. Wonder who that would be??"
Also:
1. There does not appear to be any dilution going on right now. That lets the company off the hook. If the OS was going up I would be more worried.
2. The large volume days/trades can also be explained away by traders buying and selling. No one in their right mind could believe that even an MM would buy AND sell 5000 shares at a time. They load up when the price is low (possibly/probably on small trades) and turn them over when the price is high - USUALLY in large blocks. And when they are shorting, its in reverse, selling large amounts when it is high and buying back in small portions on the way down to 1. Make sure their ass is not completely exposed and 2. Maximize their profit potential.
There are many other companies that trades sideways like this one and have obvious share dilution going on. The OS of PTI has held almost firm for the last year. It is my belief that BJW is selling off the minimum amount of shares (possibly even his own) needed to keep PTI afloat knowing that a bigger payday is coming down the road.
...and another.
Press Release Source: Universal Express Inc.
Universal Express Sues Capitalliance Financial Services LLC, Union Commercial LLC and Others for $269 Million for Fraud, False Documents and Misrepresentation
Wednesday October 5, 9:35 am ET
NEW YORK--(BUSINESS WIRE)--Oct. 5, 2005--Universal Express Inc.'s (OTCBB: USXP - News), General Counsel, Chris Gunderson announced that the Company has filed a $269 million lawsuit against Capitalliance Financial Services LLC, Union Commercial LLC, Mel Derutledge and numerous other corporate and individual defendants, for fraud, false documents and misrepresentation, in connection with various schemes against Universal Express, its subsidiaries and others.
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"These defendants have engaged in a long term pattern of fraud, false documents and misrepresentation to obtain monies and stock from Universal Express and other businesses through various investment schemes and insurance related scams", stated Mr. Gunderson.
"Universal Express has always been diligent in pursuing malefactors, private or governmental, who damage or attempt to damage our businesses or hard-working American businesses", continued Mr. Gunderson.
"We have been singularly successful in the past in pursuing our remedies. For example, Universal Express was successful in obtaining two separate state jury verdicts in Dade County, Florida against defrauders and 'naked shorters' totaling $389 Million and $137 Million, respectively, including punitive damages", noted Mr. Gunderson.
"These judgments, along with post-judgment interest, now total in excess of $700 Million. Let me assure our stockholders that our collection efforts in this regard are in high-gear and despite the time gone by, we remain more optimistic than ever regarding their collectability", concluded Mr. Gunderson.
Any questions concerning this new court action on behalf of Universal Express may be directed to Mr. Gunderson at the Company's New York headquarters in Rockefeller Center at his e-mail cgunderson@usxp.com.
low
It could be a reversal point. Remember that has to come with a confimation, otherwise it is just another low.
And yet others say you just blow smoke - Holy Smokes!
So hasher, 2 days ago you were branded the Holy Ghost, yesterday you were branded a holy terrorizer, whats up for today?:)
New ask in today at .192. Asks seem to be increasing slowly but surely in the last week.
Daddy's home:)
And SCHB is back at .094 again. I wonder when his finger will get tired? I wonder if he's making any money jumping around like that?
Hmm, a 100,000 share buy at market should take us to 1.00. I wonder if the MM's would be fast enough to stop a transaction like that? I wonder how far it would fall back after the execution? Hmm.
.10 again. SCHB backed off to .105. That wall is coming back up at .12 again.
You are taking this with a grain of salt right?
1. If the stock is a "penny stock" or BB, then Scwab cannot borrow the shares for a "short sell".
I dont believe that for one second.
A few MM's moved off of .12 ask. Good to see as they were building quite a wall there the last couple of weeks. New asks up at .14 and .25, but not really a whole lot of movement going on. Stock up 63% (closing prices) since the latest testing announcement (up 70% if you were lucky enough to get some at .05, intra day low). Gee I feel sorry for any new investors who bought in lately, those are terrible profits.
Im glad you had to ask. That means I was exposed to the full effect of the EMBS. Truth of the point is that anyone can ramble on about absolutely anything (or nothing). Easy to sound like someone else too. That is why I stay at IHUB. On RB, you have mainly 2 jokers blabbering about the same few points (kerby keeps quoting 2002 posts)and showing how quickly they can get ruffled when someone replies. The banter here is more thought out, fact based and consise. I just felt like going over the edge for once, and Monday seemed like a good day. Back to normal. (But I do like the RB forum, its like reading the Sunday funnies:). I liked the one about hasher being the holy ghost! What a sidesplitter!
From truthteller on RB:
the proper order of commercialization is finding a manufacturer of the battery and for many uses, not specifically for hybrids.
Ooookay! I get it. So if PTI cant sell their battery to EVERYONE then they should just fold up shop now? Is that it? Catch me going into business with this guy. I thought you were just supposed to sell your product to 'buyers', and now I find out that there is a process you have to use. TT, what about all those products out there that are being made use of in the marketplace for purposes other than their original intent? I guess those companies really screwed up then eh?
This has been a test of the EMBS (Emergency Moronic Broadcast System). This test was conducted for research as to why posters from RB have to rip off intelligent conversation from IHUB and then twist it to suit their own use.
Results of this test: It did nothing for me. I guess you have to be a certain 'state' of mind:)
SCHB has always been an ass in holding back the price. Ive seen them do it on several of my holdings.
What you say is true, we will not go very far on this type of news. The volumes of the last 2 days gives reason for optimism, though guarded. It could be the investment world begining to buy into the news, or it could be dumping. 2 up days on strong volume is good, but we'll see if that continues into next week. I suspect we'll see many more PR's yet. Will it be enough to generate even more buying? And it will have to end up with something concrete for this stock to remail successful.
Nice move, hopefully this will carry.
More news out, check the board.
"Power Technology, Inc. (OTC BB: PWTC) CEO Bernard Walter spoke of the company's patented technology"
Hmm, didnt he say yesterday that they have filed a new patent?
2. Expect a Higher Price Tag
Must be nice to live in Uncle Sam's neighborhood. Just to keep comparisons fair, up here in Calgary Alberta, a new Corolla starts at just over $15000 while a Prius starts at just over $31000! Gonna take a long time to recoup the extra $16000 on saved gas up here.
Boy 'fluff' sure gets everyone talking doesnt it. But isnt that the intention, real or not we have all been sucked in again.
'Ford to double hybrid team'
So they have what, 2 people working on it now? Ford has been working with Ballard Power for over 10 years now on a H2O hybrid engine. Kind of makes LB look good:) As for GM, LOL.
Also keep in mind that these domestic car manufacturers are the same ones that were whining in the last few weeks that the import companies were 'hoarding' all the hybrid parts. Boo, hoo, make your own.
Toyota is the only manufacturer who is well along in hybrids, Honda somewhat behind.
Seriously everyone, get over LB already. His tenure was what 3 years? So BJW cannot be considered an LB clone unless he fails to produce, and feeds us BS in his first 3 years. None of us would like it if we were branded a certain stereotype in such a way so why do it to him?
I have to agree (somewhat) with rooster. This seems to be a step forward so lets go with it until Nov 1 comes and nothing happens.
Its just the usual pump and dumpers getting their swing prices. This is good news (by appearances) but it will take more than this to produce a solid uptrend.
Folks are starting to read the news.
I noticed that, the part about the limited market knowledge on RB. Very few there know what theyre talking about. (Partly why I post here). Although I think that most of them even fall into the limited knowledge of anything category. Some posts are typed so badly that you cant even understand what theyre trying to say, let alone if its correct or not.
No bites below .06, except for a couple of MM bait trades. They must be trying to fill up, but no one is selling.
Pegasus, aka kerberos, is having a field day over on RB with all this negetivity. I really wouldnt care except that he tends to post half truths, editing our posts from here to suit his purpose.
Stop feeding the horse.
TDCM, SCHB and NITE dropped their bids to .055
HILL dropped to .03
PERT dropped to .025
AND...VFIN dropped to .01!
So the big question is...Are we about to see the old lows again, or (hasher's gonna love this) are they baiting the weak hands just to fill up before the big rise?
...And the bottom just fell out of the 6's.
There is always the issue of "If I sell it, It will then begin to go up". I had this happen just 2 weeks ago. I sold off 4 holding I was 'Tired of waiting for' and they are all up considerably since then:(
Bit of reaffirmation today, and a little upswing. I really had to laugh at Fridays news. Truthfully it was pure fluff. I mean really all it said was that they are looking into helping out, and the stock goes up 160% at the peak? For what? Its not like revenues are coming in or anything like that. I do like it for the future though. If they do get some cash flow from this then it will certainly help out in their other plans. Good long term move I think.
Hmm, now there's a change in the MM board. Huge support at .06 (but we've seen that before) and we're only 4 tics away from .10. they've been acting very wierd with their B&A's lately. Hmm.