Universal Energy Corp (UVSE)

[Ben Bien]

yeah, I agree, you never know what's going to happen, the downtick could only be a minor one and so selling out entirely would not be good. With UVSE I'm just talking from hindsight but it was a good lesson not to get too attached to a stock or too optimistic about how consistently it will run. Some breakouts occur without any downticks and the chart basically looks like a straight line all the way up, while some show struggles. UVSE has been struggling but I think we just finished a week of consolidation. There will probably be some selling on Monday by people who misread the most recent filing about the 1.5 bil A/S thing, but it's not a big problem since this has proven to hold strength in times of crisis. I like how UVSE held consistently around 0.02 despite the fact that oil/nat. gas futures priced significantly lower in the week that just ended. My comments about trading in and out of UVSE are only made based on the observation that it is always best to maximize your gains by taking profits and getting back in at low points. But of course, all of us remain trapped in the present so it is difficult to discern what will occur in the immediate future. It's a major problem I'm studying in philosophy right now (how our consciousness is trapped in the present) and it really does puzzle the hell out of me.