Monday, September 08, 2008 10:27:55 PM
71.2 million shares traded during hours
16.5 million shares "PRINTED" After Hours
=
87.7 million shares traded in total today alone?
That is 1/3 of the 249 million shares that are held?
This is MADNESS. Pure and simple. It is absurd to dismiss Raley in this. For him to say that:
"I understand that it is their “job”, but it only benefits them while hurting the company and its stockholders.
Universal Energy will continue to do everything possible to enhance shareholder value"
is just dismisive! Come on!. I am furious. And yes, Raley is part of it. To come even close to legitimize the NSS and not the SS is outrageous.
He "They" is/are doing everything possible to enhance shareholder value...BULLSH*T. They are NOT! If that were the case, BUYBACK, SPLIT, PR mentioning that although SS is legal NSS is not, and at this time he can not talk about it, but it is being looked into...SOMETHING, but today would not be considered EVERYTHING.
I am upset, by the NSS, and by the passive stance Raley and UVSE has taken. This lost 40% in a day more than a few times. Losing nearly 70% is not ok. I know I haven't lost anything until I have sold, but I am an odds guy. That is why I came to this in the first place. What would be the odds of a fully reporting company. A company that was in the hole last year and is cracking a 900% increase over that in one year to see its PPS drop from .03 or .02 or .01 to this mess.
For chit sake. I think everyone on thi board has had it at one point or another, but to see that 5000K print with the other 16 million is just a preview of what is to come tomorrow.
I wish I had some coin aside to average down at .006 if it gets back to that on a wild run. I still am waiting for someone to post the 1 stock that went from .005 to .15 which would be around fair value for argument sake.
I would like to see 5 examples of stock that did that in the last 2 years.
Today was my breaking point. Will this help anyone, I don't know maybe there is someone out there what wanted to say it but couldn't or ... you know what, f that. This is criminal... and I'll leave it at that.
My next post will be of "ok I may have lost it a bit, but I'm better now" Unless it's another 40% down day tomorrow.
Till tomorrow.
DD doesn't mean poop on this one...
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