Been around the boards for a couple years, never posted till now IMO we are 50% to the good two wells producing two wells capped with alot more upside than downside, they are starting to drill the second test well, here is something we need to remember from the PR: Universal Energy Corp. CFO Dyron Watford commented, "While the results of this first test well is disappointing, our guidance for the second and third quarters of 2008 remains unchanged as it included only our current producing wells." So I'm still in and even loaded up on more when it hit bottom.
Steve
This is not a recommendation to buy or sell. And never trade with emotion because when you do the bottom well eventually drop out