Replies to post #2357 on Universal Property Development Corporation (fka UP

[MicroKing]

When ever you see a significant drop from the normal trading then the MM's will work it down. Any time you see a penny stock go from aprox. .02 and a stock runs to .035 plus they will cut the stock in half in order to scare those who just purchased the stock based on a recommendation. The stock is worth every penny but when they see half their money gone they sale and the MM's make their money.

A few weeks ago I saw a flag sale of around .015 when the shares traded were around .02 plus. It's a game, in the penny world you need conviction. I could have sold for a very good profit but you never know when the train is rolling and the institutions are buying. They control where a stock trades unless there is massive buyers. I'm not about too sell my stock at a .02 average for a penny and a half more.

I will be buying at these lower prices and will pick the bottom. No doubt in my mind.

MicroKing

[MicroKing]

It will fall below .015 but not for long. UPDA will not fall below a penny. If it does, I will take a controling position in the stock. Based on SEC filings and revenues the market is giving this stock away. That's OK with me, I'm buying all they will sell me. I know nervous hands holding will be looking for a way out in Mar, Apr and May. I will be buying.

If you have read the SB filing then you would know about the word "Guarnator". Too many CEO's going to prison for UPDA too run a scam. When UPDA's CEO signs off, he is saying that I take full respondsibility for the filing.

You do not become a "Guarantor on loans and sign off on SEC filings" and buy millions of shares on the open market at 3 times current price if you don't believe in your business plan.

MicroKing

[Ericus]

You would be surprised how low it can go....
I'm not convinced that trouble with this stock is over.
Look this 3-year chart...
http://stockcharts.com/h-sc/ui?c=upda,uu[w,a]wallyyay[df][pc11!c40][vc60][iuah12,26,9!le6,13,5]