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another day. another 4.9 million shares of uspr trades. uspr down 11%.
(i'm sorry, do all posts about uspr price % require a BOOM SHACKALACKA???)
well, at least now we have uspr r/s rumors and apparently some google research on the rumors.
several posters have mentioned how uspr has billions and billions in gold.
googling "billions in gold uspr" came up with no such statements (except those found on ihub mb for uspr):
https://www.google.com/?gws_rd=ssl#q=uspr+billions+of+gold
i would have done a search on this board for billions and billions but it would have brought up billions of posts. as long as we know that uspr ain't sayin it
no somewhere closer i think
yea me too. i remember reading about a rumor of uspr doing a reverse split somewhere but i can't find it now.
anybody else hear the rumor of uspr doing a reverse split?
that might explain the increase in trading volume lately
no, see an actual strong statement would be .018 to .30. but uspr was havin none of that. uspr decided to go from .30 to .018.
Uspr long and wrong.
let's see. typo or the fact that uspr is down from .30 to .018???? which should a uspr investor be more concerned with??? hhhmmmm???
well, being concerned with a typo explains a lot about an investment down over 90%!!!!
Long uspr has been very very wrong!
so what you are saying is you think that someone who bought uspr at .30 would wait, wait until it gets to .03, before they START to average down????
it's no wonder uspr is at .018. lolololol!!!!!
THIS IS SOME OF THE WORST MB BULLSHIT I HAVE EVER SEEN.
to carry a previous discussion on buying more, this is asinine...
someone who bought $3000 of uspr at .30 would NEVER, NEVER, EVER wait for uspr to fall to .03 to buy more.
if someone is inclined to "average down", they would have started at say .22. then if they liked uspr at .22 they would have loved uspr at .15 and bought more.
and if they liked uspr at .15 they would have loved uspr at .09 and bought more.
and if they loved uspr at .09 they would have bought more at .05, and more at .03 etc.
and uspr NEVER TRADED AT .01. EVER. the 52 week low is .018 which is where uspr traded today.
so the problem with this pathetic discussion is that all of those purchases would be losing trades. and now instead of losing over 90% of the investment in uspr on 1 $3000 trade, averaging down at 5 or 6 or 7 different price levels would mean he is down over 90% on ALL those $3000 purchases.
and if he "averaged down" 5 times, that means 6 purchases of uspr for $3000 would mean he has $18,000 invested in uspr. and if he got his uspr average down to .15 he's down just under 90% on $18,000.
that's why people really really need to take investment advice from their investment professionals. not some MB BULLSHIT!!!!!
you mean like this???
uspr down 91% in exactly 6 months!!!!!
BOOM!!!!!
but thank goodness it's up 58% today. oh wait, still down 91% from 6 months ago, so still embarrassing.
seriously, can we stop with the up % since uspr is now .01825. i think uspr being down from .17 just 6 months ago is kinda more important then any % gains it has. at least down here in the .01's.
it's just embarrassing.
yep. uspr trades 45 million shares in the past 15 trading days. 45 MILLION SHARES. 15 trading days. all the way down to .0086.
and we are to believe the nonsense of billions and billions for uspr... and uspr's value will be determined... cdel is not on the offer for uspr... blah blah blah...
all the while, uspr trades down to .0086.
uspr is what uspr's share price says it is. a sub penny stock.
wait, once cdel goes back on the bid it drops??? i thought cdel was always on the offer for uspr??? why would uspr drop if cdel started bidding for uspr??? wouldn't a strong bid make uspr go up???
and, no.... we agree that, to paraphrase Bill Parcells, uspr is what uspr's share price says it is... that makes uspr a sub penny stock. period.
please, there is no public document that could possibly justify any opinion of how much convertible debt is still on uspr's books. nobody other then uspr and the convert holders knows what has been converted. anything else is the worst kind of speculation.
and all those uspr buyers that ate those convert sellers uspr shares at .03, .02, .01, .008 will all be sitting there looking to sell those uspr shares, for a MAJOR profit, at .02, .03. .04, .05 and .06.
where uspr belongs???? seriously???? where it belongs??? uspr traded sub penny today!!!!!! where it belongs???? uspr belongs where the sellers say it belongs. that's trading 101.
how exactly is uspr gonna get those converts paid off???? they will need money for that. where are they gonna get that money??? more shares???
so they will try to eliminate their existing converts by selling more converts????
how the hell is that a good thing????
ok... ok.. just to be sure... uspr closes today at .0115 which is technically up 10.58% from yesterday. so that's BOOM! stick that in your pipe and smoke it?????
really??? uspr was ...
.0115 today.
.055 one month ago
.19 six months ago
and .26 one year ago
so, BOOM??? really???
more like, holy shit!!!! where'd all my money go???
wow!!!! just wow!!!! fortunate for uspr trading down from .30 to .0086 within 1 year?? fortunate???? wow!!! just wow!!!
silly me, i thought people were fortunate if uspr traded from .30 to .1.00. so am i wrong??? are investors fortunate when they lose 99% of their investment???
and what happens when the balance of the converts actually convert down at sub penny prices?? how many hundreds of million of uspr shares would be converted???
and what happens if the converts on uspr's books are eliminated?? uspr would need to raise money to repay the converts. what would the people that gave uspr that money want?
since uspr is nowhere near producing revenue, they would want shares. so would uspr replace the old converts with new converts??? or would uspr replace old converts with shares issued at current levels. ya know, sub penny prices.
either way, the converts on uspr's books are gonna turn into a ton of shares. especially now that uspr traded sub penny.
best opportunity???? best opportunity???? oh my freakin god!!!! uspr was .11 just 4 months ago. it traded to .0086 today. best opportunity. holy crap.
uspr traded sub penny today. the best opportunity was selling uspr a year ago when uspr was .25.
or 6 months ago when uspr was .18.
or 3 months ago when uspr was .07.
uspr traded sub penny today. best opportunity??? that's almost criminal.
actually, i wasn't referring to today's trading but rather a ridiculous statement last week about cdel and "artificial ceiling".
and seeing as how uspr had $1.6 million in converts on it's books last 10q, i gotta think that there will be a ton more conversions now that uspr traded sub penny.
and seeing as how uspr needs more money for lawyers, because they are being sued, more drilling, more director compensation, more blah blah blah... how on earth is their newest ib supposed to raise them this money???
let's say it together. more converts maybe???
oh, and a lot of hedge funds don't do deals with sub penny stocks. not sure what kinda clients uspr's newest ib has, but today's trading will certainly make it more difficult for them.
guess cdel not being on the offer with 50,000 share blocks last week was kinda irrelevant, huh? wonder where i heard that?
i hear ya. and the only relevant thing i see is how a stock trades. uspr has traded down for a year. and uspr still has $1.6 in converts on the books, plus more funding/converts needed for more drilling/satellite imaging/vers garbage/technical reports stating non SEC conforming data/lawyers for lawsuits/director compensation...
uspr will have a ton of stock for sale before they ever get close to proving any type of a resource.
lol! i was more focused on the ridiculous $1.5 billion claim but i see where you're going.
it's NOT an artificial ceiling because someone was willing to sell shares there. sorry if it doesn't fit in with billions and billions nonsense.
and if the people that bought some of those 23 million shares of uspr that traded the past 10 days in the .02's and .03's decide to sell if uspr bounces to .04 or .05 that's not artificial either.
someone is willing to sell shares of any given stock at any given price is exactly where the company is valued. not some unsubstantiated claim of billions and billions.
and nobody can assume any stock will run on news. 23 million shares traded in 10 days between .06 and .018. lets say the average is .03. that's $690,000 worth of volume in 10 days. counting double prints and average price trades it's probably less then $300,000 of buying.
so a new tech report that did NOT say $1.5 billion but rather listed some amounts of resources, that was then extrapolated by investors to be $1.5 billion could only generate $300,000 of buying in 10 days.
AND uspr also announces an IB agreement? and only $300,000???
if this new tech report somehow claims a small portion to be worth $1.5 billion, that news couldn't generate $10 million of buying? $5 million? surely a pr stating there is $1.5 billion in resources at uspr could generate $1 million of buying??? no??
cdel didn't stop uspr from running.
again, THERE IS NO ARTIFICIAL CEILING. IF SOMEONE WANTS TO SELL SHARES AT ANY GIVEN PRICE IT IS NOT ARTIFICIAL.
IT DOESN'T MATTER WHAT PORTION OF THE LAND IT IS. HAS ANYONE SEEN A FEASIBILITY REPORT YET??? ANYONE? ANYONE?
the answer is no. so we STILL have no real idea of the value of the land. that is actual fact, not mb bs.
so what???? uspr is still at .027. who gives a shit where cdel is.
if i were a convert holder, i would convert a ton more here, probably somewhere in the .01's, let the stock breathe a bit then start all over again.
but the fact remains. a company that truly has billions and billions in value would never trade to a $5 million market cap. that is actual wall st stuff not this mb bs about billions and billions... and who is on the offer... and technical report 43-101 compliant vs 43-101 guidelines... new, new management... blah blah blah
again, to paraphrase bill parcells, uspr is what it's stock price says it is.
that depends on what you consider "considerable funds". right now uspr is at .025. most investors with considerable funds require investing at a discount.
250,000,000 shares at say .02 is only $5 million. is that "considerable funds"?? remember, there's still $1.7 of convertible debt on uspr's books.
so how much is considerable funds?
is this the same smart money that was buying at .15 and .12 and .08 and .05? that "smart money" hasn't been real smart with uspr.
looking good??? seriously???
even though uspr puts out their "awesome" pr's regarding their "new" technical report and their "new" investment banking agreement, uspr trades...
from a high of .06 to .018 with a total volume of around 24 million shares in the past 10 trading days alone. down price. huge volume. that's NOT good.
from .07 just 3 months ago to .018 yesterday
from .18 just 6 months ago to .018 yesterday
from .25 a year ago to .018 yesterday
how the hell is that looking good???
let's be realistic. anyone can believe the pie in the sky about "billions and billions". but the way a stock trades does not lie.
in the past 9 trading days, uspr has traded 19 million shares. 19 MILLION. in a range between .06 and .0225. the majority of which traded in the .03's.
this is after uspr put out pr's (and an 8k's) announcing the release of a "technical report" and the announcement of an agreement with an investment banker.
on the day uspr announced the release of it's "technical report" it traded to .06. today, .0225.
on the day uspr announced it's agreement with an investment banker, it traded to .0505. today, .0225.
nuff said.
all this "the end result will be determined by blah blah blah" is stupid. a stock is what it's share price says it is. period.
so what??? berry first wrote about uspr on 4/14/14. he called it his "pregnant virgin". on that day uspr was at .15. today it traded to .0225.
plus uspr gave berry shares to be an "advisor" to the ceo. the same ceo who is no longer at uspr and who is suing uspr.
so since berry first mentioned uspr, the stock went from .15 to .0225.
so it begs the question, WHY ARE WE TO BE IMPRESSED???
THIS IS FREAKIN' OUTRAGEOUS!!!! ANY REGISTERED PERSON THAT SAID THIS NONSENSE WOULD LOSE HIS LICENSE IN 8 SECONDS.
the risk here is that uspr goes to ZERO!!!!!!! anything said other then that is pure hype and pump.
IF SOMEONE WANTS TO MAKE UP A FICTIONAL REWARD NUMBER BASED ON PROJECTIONS THAT THE SEC DOES NOT RECOGNIZE, THAT'S IS UP TO THEM TO TRY TO CON PEOPLE INTO BELIEVING. even more mb bs
the risk here is that a feasibility report will show that whatever is in the ground is not economically viable to mine.
in that case, since uspr has nothing else, USPR WILL GO TO ZERO. THAT IS THE ACTUAL, FACTUAL, NON-HYPED, NON-PUMPED, LEGITIMATE RISK.
anything else is mb bs.
yea except that any legitimate registered rep would never suggest that strategy to their clients. i guess we can just add this to more MB BS.
well then whomever told you that earlier should be man enough to admit he was wrong (misled maybe???)
i just gotta say it is amazing to me in this day and age that a public company could put out such a pr, filled with hyperbole, and then, in the same pr, put in a disclaimer saying that the sec does not recognize the exact hyperbole that they are putting out there.
you can't make this crap up.
let's put this in perspective. uspr traded .0499 just 5 trading days ago. since then, it traded over 13 million shares, put out this "great" technical report, and uspr still closed lower today then it traded 5 days ago???
CONVERT RELOAD AND CONVERT AGAIN BABY!!!!!
so just to be clear, you were not the one that claimed it was a typo (as suggested earlier) but rather he was. and the typo has remained un-corrected by uspr.
very telling.
for the last time, there is no verifiable way to determine how many shares of any stock is sold by any one seller. anything stated is pure speculation. and THERE IS NO SUCH WALL ST TERM AS SETTLEMENT TRADES.
statements stated as facts should, you know, actually be facts.
as for the converts, what uspr said, you know, the actual company not some person, is they will now prepare for a 5000 meter drilling campaign, along with other exploration efforts in early 2016. that's what USPR ACTUALLY SAID.
they also said "This press release uses the term "Indicated Resources”. We advise investors that this term is not recognized by the United States Securities and Exchange Commission (the "SEC")."
but i digress.
so uspr will do a 5000 meter drilling campaign, along with other exploration efforts in 2016.
how they gonna pay for that?? uspr has not stated anything about financing. that's just a statement made that nobody can substantiate. so how is uspr gonna pay for this 5000 meter campaign?
MORE CONVERTS????
so $1.6 million in converts still on their books as of their last 10q. now they need how much money for a 5000 meter campaign along with other exploration efforts??? plus money to pay their attorneys because they are being sued... plus fees to maintain their ability to access the property... plus all the many management team/directors/paid shills they have to pay...
looks like more converts to me.
WHAT???? SERIOUSLY????... USPR TRADES 10 MILLION SHARES THE LAST 4 DAYS. IT CLOSED THE DAY BEFORE THIS BIG VOLUME AT .0429 AND CLOSED YESTERDAY AT .042. THIS IS DOWN FROM .056 A WEEK AGO. 10 MILLION SHARES TRADE IN 4 DAYS AND IT CLOSED YESTERDAY LOWER THEN IT WAS BEFORE THE BIG VOLUME STARTED. AND IT CLOSED DOWN ALMOST 25% FROM 5 DAYS AGO AND WE ARE TOO "ASSUME" THE REPORT IS VERY GOOD AND LEAKED?? LEAKED TO WHOM?
i swear, ya just can't make this crap up.
i wish you luck
i agree.
it's a shame the billions and billions talk has gone silent now that uspr is sub .03. would love to hear how a company could possibly have a $5 million market cap when it has billions and billions in resources.
i guess there's a point where it's like, man i just can't say this anymore. it's just too stupid.