Universal Energy Corp (UVSE)

[Ben Bien]

nat.gas prices are of primary concern here, since Billy Raley (CEO) noted that Universal Energy's production consists of 80% natural gas and 20% crude oil. This fact about the company is actually advantageous to us longs, since it is far more probable for UVSE to strike natural gas than oil, given that there is a higher volume of natural gas than there is oil. Natural gas is located directly above oil reserves or sometimes above coal. And so, if we want to see UVSE continue strong, we will want to see natural gas price higher, which it will likely do given that it moves in tandem with the pricing of oil. The strong return here during mid-day is looking very good. The morning sell off should be at an end by now. Those brilliant enough to buy in at 0.015 can have the luxury of celebrating intraday, while me and my friends with a cost basis of 0.019 or above need to wait on that oh so glorious Lone Oak PR.