Ubiquitech Software Corp (UBQU)

[somanymike]

Hard to have a squeeze in this situation. It's probably Ballas and 4 or 5 of his buddies running this stock up and down like a roller coaster driven by press releases and dilution. It's a simple formula for them.

1. Head to the golf course and scoop up 4 or 5 millionaires willing to make some more money at the expense of shareholders. You really only need a million or so to control a stock like UBQU, but even if you started it this late in the game, the entire market cap is only 6 million. If you were the fake debt recipient of the convertible shares, you could have gotten all 20 billion for 2 million.

2. Load up the group with cheap shares.

3. Press release for a run. Doesn't have to be anything real. An implied name change will work just fine. Probably 4 or 5 times over a few years.

4. Dump shares into the run (at whatever pace the run will support).

5. When the run weakens, short the stock. (No risk here because if there is a squeeze, your partners/golf buddies can just sell some of those convertibles and save the day).

6. Ride it down and switch back to long at the bottom.

7. Rinse and repeat.

8. Meet at the golf course to read IHub posts and drink a few beers.