Replies to post #20503 on Universal Energy Corp (UVSE)

[mikeyk]

This doesn't include todays numbers yet, with the current 5 to BUY to SELL ratio we have about a 164 million share imbalance.

[mikeyk]

After thinking about this few a few more minutes, thanks to your post, we have seen some very large block buys, some of these large buys may be BUY TO COVER, which would make sense on the large imbalance. Until the SEC releases the FTD data all we can do is guess.

There's a reason why the stock price is so low, doing a BUY TO COVER of the naked shorts maximizes the profit on a low PPS.