Monday, July 21, 2008 1:39:53 PM
Since every transaction consists in a buyer and a seller. Those who bought in this morning were either opening new positions or adding to their previous positions to lower their cost-averages down. This logically entails that there is now a solid foundation upon which UVSE can truly make its run: this foundation is built up the deductive fact that those who bought in this morning at the low of 0.015 must hold or sell at or above 0.015. And those who added to their existing positions will also be more likely to hold or to sell no more than above 0.015.
This activity finally confirms once and for all that the absolute bottom for the time being, barring any increase of the outstanding shares, will be at 0.015. This means that the risk-reward probabilities greatly favor taking a long position, as the potential downside is at best a return to 0.015, whereas the potential upside could be at most 0.10. With UVSE trading a huge volume, getting maximal attention on this board and other boards, and with the company pending completion of its drilling project at merely one well in a 3000 acre property, the probability that UVSE will gain is substantially high.
Regards,
Ben
I am a human being, therefore I make mistakes.
I trade, therefore I am.
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