United States Oil and Gas Corp (fka USOG)

[Penny_Slayer]

LOL. I thought all of that has already been discussed on the board. The Mini-Run was sparked by the Penny Stock Alerts that were sent out, IMO. Although, we were overdue for a Technical Rally, anyway. It's anybody's guess as to why it didn't hold. It could have been a combination of the massive amount of Short Sells, Flippers/Day-Traders doing their thing, or Note Holders that converted to common stock selling off a portion of their shares.

Nevertheless, I believe we'll make another run to pennyland once the 2010 Financials hit the wire. How far we run depends on how much the balance sheet is improved, and how the market responds to it. How much we retrace pretty much depends on the same 2 things I just mentioned.


~ All IMHO, of Course!

PS