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Waverunners

11/25/24 5:09 PM

#14222 RE: JimmyRich #14221

Jimmy, I only know how to give realistic fact based summaries. If this is what you want, read below.

The last major spike in share price came in September/Oct 2020. And then again May/June 2021. I believe you were starting to get interested in this stock around that time. Not sure if you bought it though. For your sake hopefully not at the Sep/Oct 2020 prices.
There was plenty of PMA excitement and PRs at the time.

https://uhpcorp.com/united-health-products-submits-hemostyp-completed-pma-response-to-fda/

Unfortunately we are all aware of the repeated delays and PRs to follow for 4 years which brings us to today.

It really doesn’t matter whose fault it is or what government agency people want to blame. At this point I imagine there is overwhelming investor fatigue. Many like myself held on to 10 cent shares that we could have sold for over $2.00, in hopes that the real payday would be even richer. And who knows, it may be.

If you read my first ever post on here you will see I was predicting an eventual payout of $3.10 per share.
Even in my infamous Memorial Day 2023 post I still predicted $2-3.50 pps. (Still not positive enough for some)

My guess is a lot of the low entry price investors have just plain old had enough and are agreeing to sell at these prices to just get out and move on. Take a little loss or a little win. This will likely continue as other investors that are assuming a loss will get out for tax reasons and possibly buy back in 2025.
For me, I’m holding onto my shares. I spent the money a long time ago. So life has moved on without it.

For the record I am considering buying more. I thought UEEC was a value when I originally bought in at these prices, and as it turns out we are obviously (on paper anyway) closer to PMA then we were then.

I do feel that one day PMA will happen. Until then, I will just monitor this board and give my opinions when I see fit.
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trusttheman

11/25/24 6:37 PM

#14223 RE: JimmyRich #14221

Ignore him. He's not a shareholder. He's a short. He's done nothing but bash the stock from day one. Making up lies before the holiday to upset longs. What is happening is common sense. One, the company got f'd over by the corrupt FDA with this additional abdominal testing request to make the ratio larger to the vascular testing when they could have done that many years ago after clinical trials. So, they said 6-7 months. Thus, you probably have some people that are willing to sell shares even for not much return, put it in stuff like crypto or something else they think is going up soon and then buy back later. Second, the company is on the pink sheets which is a shorts dream. That's because hundreds of brokerage houses won't let you trade a stock on the pinks. So a big guy who buys through his brokerage house isn't going to be able to come in, pick up a million shares, drive the stock price up and catch the shorts. Most investors aren't patient. As patient as the longs of this company are, if they were told 6 to 7 months because of this corrupt FDA move, they are more likely to sell than buy for the near future. What I do know is talking about matching up the product from the U.S. to the China plant is horsecrap. That was done a long time ago which is why they submitted a complete PMA. The SEC, FDA, all are going to get hammered when Trump gets in office with full legislative power.