Universal Energy Corp (UVSE)

[Ben Bien]

yep, there is a stalemate between buyers and sellers. in other words, bidding quantity is roughly equal to asking quantity, a situation in which very little buying and selling is occurring since buyers are not pushing the stock up and sellers are not pushing it down. This activity can only mean that buyers are waiting on positive news to confirm the outcome before they decide to buy, and sellers are waiting on positive news to confirm the outcome before they decide to sell.

The fact that there is NO strong selling pressure lends evidence to this evidence. Also note that oil and gas futures are down significantly this morning, oil down -3.4% and natural gas down -4.6%. And while the entire energy sector is down -1.79% today as caused by this lowered pricing, UVSE maintains its crucial 0.019 level. The stock price's tentative nature reflects the tentative nature of the Lone Oak well development, and so everything (meaning expectations both positive and negative) has been priced in already by today. Those who sold yesterday based on the July 18th proxy filing contributed to pricing in the potential negative news of dilution, and those who bought it up contributed to pricing in the potential for Lone Oak to be a "company maker". Thus, everything has been priced in, and a confirmation will lead to UVSE's breakout if not an immediate surge up +100% intraday.