Replies to post #18298 on Universal Energy Corp (UVSE)

[bathrobetrader12]

BIG BLOCKS GOING THROUGH AT THIS PRICE

[EastCoastCdn]

MikeyK
If the $0.09 per share was last quarter than correct me if I am wrong, with 6 times the AS than could I assume that the new value would be $0.015? I must agree that it appears that the price does not correctly reflect the potential dilution. May I also speculate that once the ruthless CD's are done for the month, which appears to be shortly at this rate, than the stock should rally for a while with the selling pressure relieved until October? This should IMO be a good entry point.
Sorry guys I take a more passive role on message boards but this stock is getting frustrating, and leaving me a little vocal. Not to mention LEH burned me this week. I got out of LEH and salvaged what I could, I don't dare hold a financial over the weekend.

[Franco_foryou]

they did not have .09 earnings per share, there was 250 million shares free float which would of given you $22.5 million in earnings which its was not.. and now they are in the 300 plus million shares and growing... therefore splie up the income of 2 million into soon to be 400 million shares and the number will be equal to what it is currently worth.. .0029

if shares increase which it will they have no choice.. it will lower it even more.. i see this thing at .000# by end of sept early october...

i'll try to pick up between 20 to 30 million shares at the .0002 and .0003 level... sorry if this sounds crazy but chances are it will happen...

the diloution they are doing is giving the stock price little or no way to climb..