InvestorsHub Logo
icon url

whosegow

10/11/16 8:53 PM

#1508 RE: biotechnician #1506

What happened at UPLMQ?
icon url

Ed Dantes

10/12/16 1:18 AM

#1519 RE: biotechnician #1506

Not to sound like a know it all but actually it isn't very similar other than they are energy companies. The big major event early on, that drove UPLMQ, was Eric Cole backed by David Tepper from Apaloosa bought 17M shares early on and that drove the price as people were following the money I assume. Then they had a very positive earnings report in August that launched the stock another few bucks.

Also the judge here denied the request for an EC and they are going at it Ad Hoc, whereas in BBEPQ it appears to have a much stronger case for the approval of one. BBEPQ is also in much better financial shape.

Hopefully the share price rising like that is the same though!