Universal Property Development Corporation (fka UPDV)

[why_meil]

Same here slob. The good thing though about these shake downs is that it gets rid of a lot of the weak hands. They're usually the first ones to bail out on someone's ridiculously low bid taking the SP and us down along with them.

I already made up my mind that I won't sell a single share under 1.5 cents, and when I do it will be around a third of my UPDV holdings. The next third I will hold out for 20 cents a share, and the final third 50 cents. I feel pretty confident that I will be able to get these prices assuming they keep the OS under 2B outstanding shares and they continue to execute as they have been over the past year or so. I'm prepared to wait 3 to 5 years if I have to.