UnionTown Energy Inc.(fka UTOG)

[FLAPPO99]

They must be listening to me.


Dear valued subscriber,

The shorts piled onto UnionTown this morning, driving price down more than 26%.

In our view, this was a coordinated effort by the market to run the stops accumulated under the $1.60 - $1.70 level.

They succeeded when the stops triggered, and the result was a rapid price decline to a low of $1.25 -- which in our opinion, is a ridiculously low price for an oil and gas company with an estimated recoverable reserve exceeding 132.8 million barrels of oil! If ever there was a bargain, this is it!