US Energy Initiatives Corp (USEI)

[jugs]

When the asking price is higher, the price you see may be generated by a single retail buyer. It could also be a sneaky sonofagun trying to build your hopes up only to launch a selling campaign designed to demoralize share holders and spook them into premature selling.

Let me suggest that you try to discount the value of that lone offer to buy or sell. There's no way to grasp the picture in the other person's mind. It's often a crapshoot. I do my best when I find patterns in trading. When I can't sense a meaningful pattern, I sit and wait and watch---but always with a buy-point in mind. Say I'm wanting to buy a stock at 37 cents and I'm watching it blow through 40 cents, 44 cents---I don't ever chase that thing. I set up the price I thought made sense and I sure don't want to get swept up in the excitement. After all, maybe the momentum isn't based on anything but hype put in play to make a sucker out of me and some others.

Bottom line: It can be dangerous assuming anything because we can't see both sides of the equation.

Meanwhile, keep it up because you're trying to figure out how things work. That's the way to learn and grow and create wealth.

My opinions herein.....