lowtrade

[lowtrade]

I just did some work on that one. When I found NBRI interesting again. In my mind UNGS has possibilities, but not strong ones. I'm 60/40 on a new darkside move. Worth a watch.

OK UNGS had 660 mil dilution Mar to June (530 mil to 1.2 bil). Most all debit conversions, no new funding. That explains the June/July run.

Still no filing for last Q. But A/S is 2 bil, most they could dilute June to Sept is 800 mil. And if they were active, I'd expect a filing about an A/S increase or reverse split. So don't expect they have a VC on the line for new funding. Most one can expect is more debit conversions, which there is plenty of, still. But there are so many with partial conversions. It's near impossible to guess how much is left or where.

So this one is up in the air.

Bottom fishers volume are not out of line for the OS. Also Aug and Sept bottom volume spikes, look like poor bottom pickers, more then VC's, knowing a run is coming accumulation. Because the volume spikes were not at final bottoms, it kept retracing. Normally when a real bottom is in, VCs and friends really pound the bottom.
http://stockcharts.com/h-sc/ui?s=UNGS&p=D&yr=0&mn=6&dy=0&id=p29927981547

Again this one is up in the air.

No verifiable dilution, to back a darkside run, for selling debit conversion shares. And no unusual huge bottom accumulation. But the potential is there.

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Ps; yea I hate float lock talk on pennyland. The theory is good, but message board bullchiters a waste of time. Don't follow the OTC closely any longer. So haven't heard float lock for quite a while. Is it still a subject discusseg on boards, now days?