United Health Products Inc (UEEC)

[Waverunners]

Jimmy, I only know how to give realistic fact based summaries. If this is what you want, read below.

The last major spike in share price came in September/Oct 2020. And then again May/June 2021. I believe you were starting to get interested in this stock around that time. Not sure if you bought it though. For your sake hopefully not at the Sep/Oct 2020 prices.
There was plenty of PMA excitement and PRs at the time.

https://uhpcorp.com/united-health-products-submits-hemostyp-completed-pma-response-to-fda/

Unfortunately we are all aware of the repeated delays and PRs to follow for 4 years which brings us to today.

It really doesn’t matter whose fault it is or what government agency people want to blame. At this point I imagine there is overwhelming investor fatigue. Many like myself held on to 10 cent shares that we could have sold for over $2.00, in hopes that the real payday would be even richer. And who knows, it may be.

If you read my first ever post on here you will see I was predicting an eventual payout of $3.10 per share.
Even in my infamous Memorial Day 2023 post I still predicted $2-3.50 pps. (Still not positive enough for some)

My guess is a lot of the low entry price investors have just plain old had enough and are agreeing to sell at these prices to just get out and move on. Take a little loss or a little win. This will likely continue as other investors that are assuming a loss will get out for tax reasons and possibly buy back in 2025.
For me, I’m holding onto my shares. I spent the money a long time ago. So life has moved on without it.

For the record I am considering buying more. I thought UEEC was a value when I originally bought in at these prices, and as it turns out we are obviously (on paper anyway) closer to PMA then we were then.

I do feel that one day PMA will happen. Until then, I will just monitor this board and give my opinions when I see fit.