Universal Property Development Corporation (fka UPDV)

[why_meil]

I'm bashing UPDV because I lost $16K in this. Would hate to see anyone else lose like I did. And believe me, if I could short this stock I would. Exactly, how does a person living in the United States short this company. I use ScotTrade and I can't.

This company will never make anything for a long term shareholder because all Kamal knows how to do is dilute. If you don't believe me prove it for yourself. Go to Yahoo Finance and pull up a chart on UPDV. Select max for time range. Then scroll over a date around June or July 2000. That's what dilution and reverse splits will do to the price per share.

But if you prefer, please by all means, buy this stock and hold it and prove what I'm saying for yourself. Sometimes people just need to learn everything the hard way. My kids were like that too LOL.

Now I'm not saying a daytrader or swing trader can't make money on this. Just don't get too greedy. Count your blessings if you can get out on an up note, because the majority of retail shareholders rarely do.

My opinions only. Best of luck to you.