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Re: Ben Bien post# 16409

Friday, 08/29/2008 1:15:04 AM

Friday, August 29, 2008 1:15:04 AM

Post# of 32583
oh yeah, scratch that, I plan to buy $2K worth AFTER the Sept. 2nd vote because if I buy before, I will leave myself exposed to a loss potential if traders/investors/the market reacts negatively towards a confirmed A/S increase to 1.5 billion. People have already misjudged this A/S increase and WHEN it goes through, this will only CONFIRM their suspicions and cause a further downturn. However, if the A/S increase IS authorized AND the company management expresses no near plans to increase O/S, then UVSE will in fact make its run. It is only AFTER hearing this news that I will buy. I seriously recommend that my other friends here on the UVSE board consider this strategy. There is no use holding your funds in if this thing will trade sideways. There are other fish in the sea! I profited nicely from GLCC and I also currently have a $3K position in JRJC, which beat earnings estimates by a factor of 2. I'm not promoting these stocks nor am I trying to bash UVSE. I am just saying that each of us needs to consider our options and strategize appropriately.

I trade, therefore I am.