Sunday, May 20, 2018 2:44:15 PM
Last 6:23 minutes of must have buying...
Have you ever noticed before earnings or news on a company, there can be tremendous buying in the last ~15-20 minutes (or less) up into the close. (Not on penny stocks, but the majors--NYSE, NASDAQ, AMEX).
Ususally, it's apparent information is passed because of the "MUST GET SHARES" (at any price).
The buyer can say, "Just speculated" (occasionally) or get busted for insider info.
To me, this mirrored that typical pattern.
Someone bought 2.5M+ shares with 6:23 minutes left until close and BID IT UP!
Now, it could've been a VPLM buyer realizing how the market cap on UOIP is so low.
In addition, UOIP seems much farther along in the legal process and has a stronger case.
Admittedly, haven't followed the other stock. Did not know about and too expensive now.
Also, been around long enough not to make predictions, but "VALUE-WISE", UOIP exceeds the other stock almost 5 (five) fold or 9.25 cents per share.
We're still at a meager 40M market cap.
In comparison, this is selling at a MAJOR, DEEP DISCOUNT.
.025 (current price) + .0925 (discount to VPLM) = .1175 * 1,600,000,000 = 188M.
There is no reason we should not begin to increase to be on par or near equilibrium.
Anyway, food for thought,
Til tomorrow, Scruffer
As always, JMHO
Have you ever noticed before earnings or news on a company, there can be tremendous buying in the last ~15-20 minutes (or less) up into the close. (Not on penny stocks, but the majors--NYSE, NASDAQ, AMEX).
Ususally, it's apparent information is passed because of the "MUST GET SHARES" (at any price).
The buyer can say, "Just speculated" (occasionally) or get busted for insider info.
To me, this mirrored that typical pattern.
Someone bought 2.5M+ shares with 6:23 minutes left until close and BID IT UP!
Now, it could've been a VPLM buyer realizing how the market cap on UOIP is so low.
In addition, UOIP seems much farther along in the legal process and has a stronger case.
Admittedly, haven't followed the other stock. Did not know about and too expensive now.
Also, been around long enough not to make predictions, but "VALUE-WISE", UOIP exceeds the other stock almost 5 (five) fold or 9.25 cents per share.
We're still at a meager 40M market cap.
In comparison, this is selling at a MAJOR, DEEP DISCOUNT.
.025 (current price) + .0925 (discount to VPLM) = .1175 * 1,600,000,000 = 188M.
There is no reason we should not begin to increase to be on par or near equilibrium.
Anyway, food for thought,
Til tomorrow, Scruffer
As always, JMHO
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