Universal Energy Corp (UVSE)

[Ben Bien]

I've set my account to sell half of my position at $0.03 and the other half at $0.05. I would argue that it is better to divide your position up and sell it in parts, since it is incredibly difficult to get an order filled if you set the order size too large. For instance, if I wanted to sell all of my 300,000 shares at $0.03, it might not execute all at once but might only fill partially and leave the rest of the order quantity there. With UVSE trading at such a low volume now, you aren't going to get quick fills. Before, when it was trading in the millions, fills executed but now it is better to divide up your shares. Trust me, I read Timothy Sykes' book and this is the strategy he used when he was buying penny stocks during the 1999-2000 boom. I think your price target of $0.06 is ONLY reasonable on a longer time line; I am willing to put myself on the line and speculate that this will NOT spike but will instead gain gradually.