United American Corp. (UAMA)

[buylowbig]

Dec. was the highest sell volume in 18 months, a lot of it below 5 cents, IMO. This month has been about 80% sell volume too, most of it below 4 cents. Ugly, especially amid the 400% increase in BSV since mid-Dec.

The only sizeable bid I see is in the 2 cent range, which is about a market cap of $3 million. That tells me that insiders aren't willing to pay more than 2 cents currently. Meanwhile, we've been getting market sell orders for weeks that simply take out every bid until filled.

Apparently nobody else is concerned with what's been happening, even though my guess is that 95% of shareholders are now under water, with no strong exit in sight.