Universal Energy Corp (UVSE)

[Ben Bien]

Volume and momentum favor long positions here once again, the more attention this stock gets the more new buyers we will get at these levels and the higher probability that they will hold and thus the stock will hold. Higher volume necessarily means that this is liquid, and so is not as dangerous to trade as other penny stocks out there such as FFGO. This stock is trading with the float size and volume size as well as the momentum strength of what a company on the Nasdaq or Amex would trade with.

I woke up this morning and I love what I am seeing, even though UVSE is down -20%. You must think beyond the pains of the moment, and think in contrarian terms. Those who saw this down and read the July 18th filing immediately put their sell orders in early, and so further fueled the morning panic. I am willing to speculate that we will see a rebound during mid-day as more people awaken to this sell off as a Buying Opportunity. Those who consulted their Reasoning this morning bought more shares or entered the stock for the first time if they have been on the sidelines, and they will be rewarded even if UVSE moves to 0.020. Someone buying in now or at 0.015 would be up 30% if the moment UVSE returns to 0.020, the pricing level it has consistently held for two weeks even though we had already known about the plans to change the share structure when the company released that devastating PR on July 8th.

Happy Trading,
Ben


I am a human being, therefore I make mistakes.