Home > Boards > US OTC > Retail - Chains > Ultimate Franchise Systems Inc. (UFSM)

I bet there are a lot of shorts

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bartermania   Saturday, 06/18/05 05:35:24 PM
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I bet there are a lot of shorts on this stock too. This company announced that they were getting off the Berlin/Bremen Germany exchanges in late March, 2005. Invariably, every stock that I saw listed over there (most without their knowledge or permission) had their pps start to tank as soon as the listing occurred. UFSY/UFSM appears to be no different. Therefore IMO, sometime soon I would expect UFSM's pps to start to recover and most likely strongly...especially with good news. They seem to be reasonably tight with share issuances, so I am hopeful that UFSM will begin moving up again in the near future.







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