US Energy Initiatives Corp (USEI)

[thebaseballdoctor]

Buying has slowed considerably...which means that the high ask numbers on the level 2, if they are not sand bagging with them, will drive the PPS lower...especially with the small numbers on the bid side. It looks to be setting up to jockey back and forth...maybe there is some accumulation going on... It looks like it is setting up to give back some of its earlier gains...

More buyers should come in as they get more info about the partnership with ERB*...which is doing well today. There are more good things on the way with ERB*, which surely will boost USEI's position.

USEI is structured better than ERB*, with the OS/float being only half of what ERB* is.

Daytraders also have had some fun with it... Shorters too strong without buying volume to pressure them to chase the PPS upward... JMHO

Stay encouraged...

"As iron sharpens iron, so does one person sharpen another." $.25