Gump I respect your thoughts and you have tons more expeience than I do. But I have a question for you.
Fiven the short squeeze that we all agree there is one. Don't you think there must be some substance here. If the company really has nothing and the o/s is 400 billion this stock will fall flat on its face back down to .0001. Up until now, the MMs have played hard ball and they have continued to short this stock because of two reasons.
1) the o/s has not been disclosed
2) no findings / claims (favorable) have been disclosed
Thus the argument remains that no one really knows the true value of this stock at this point in time. The only way we will begin to know the value is on the above mentioned disclosures.
When Urban and Melvin said that there was going to be a Mt. St. Helen's type of explosion, I assumed that there is something behind this stock. Also, regardless of where we differ, Mr. Glenn would not waste his time with a stock that has no real substance. I do think that a major reason was to get on board for the naked shorts, but there must be more to this.
Lastly, with the last two pr releases, there is obviously some sort of urgency to get the ball rolling. Why would a company like UCAD invest in a company that may not have any substantial findings?