Replies to post #141 on United Development (fka UDVE)

[rodneys]

Outstanding Shares: 448,195,430 as of 2005-06-08

Estimated Market Cap: 268,917 as of 2005-06-15 (based on Outstanding Shares as of 2005-06-08)

[tombooks]

It looks like whoever is buying the Guyana property is getting a bargain based on what I read. It appears that UDVE put great care into writing up their news releases related to their Guyana asset.
I am going to stay with my investment in UDVE and see what develops.
I have been trying to find out the size of the short positions in UDVE. My guess is around 1 billion shares.