Universal Energy Corp (UVSE)

[mikeyk]

No clue, from what we've read the naked shorts have to be covered within 35 trading days of the rule, and that no more naked shorts are allowed. Whats really irksome is that the stock was on the restricted shorts list, meaning there are 0 shares available for shorting, yet the short interest went up anyways, meaning the MM's are still shorting the stock, they are the only ones that have the power to do it behind the scenes, it shows another SEC/NASD violation of the rules.