Replies to post #16659 on Universal Energy Corp (UVSE)

[mimurray]

That's for sure. Nobody buys when a stock moves sideways like this. They wait for momo.

When the dust settles from this shareholders meeting the momo will return IMO.


"Sort of" is such a harmless thing to say. "Sort of". It's just a filler. "Sort of" - It doesn't really mean anything. But after certain things, "sort of" means everything. Like after "I love you" or "You're going to live" or "It's a boy".

[StockGrabber]

Now that all or most of the NSS appear to be covered, I think what is happening is that one or more of the large MMs is trying to goble up all the shares they can by manipulating the price down and putting the scare in as many stockholders as possible.

Once the MMs have squeezed all the low priced shares they can get, I think they will finally stop the downward manipulation and let it go up, and they may even start using upward manipulation tactics.

Once they think it is high enough, they will slowly cash out at a handsome profit and then start their short selling again and downward manipulation the cycle will continue all over again... unless someone puts a stop to it.

Until then, all we can do is watch and wait for the inevitable price jump and make our money then. Of course, the MMs will hope the smaller guys will cash out early as the price rises so they can grab more and ride it higher since they obviously have control over when and where the stock goes.