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Micro Penny Stocks, Penny Stocks Under $0.10 USXP could be a mover in the next month or two
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Author | Topic: USXP could be a mover in the next month or two |
CuriousBull Member |
posted June 11, 2004 13:32
I think USXP (Universal Express) might actually make a move within the next month or two. If you listen to the interview at http://www.moneytv.net/ . <This interview took place Friday (Memorial Weekend) that's why I believe there was a spike in price around that time.> In the interview he is eluding to the collection of the money they were awarded some 2 1/2 years ago. Somewhere in the vicinity of $500 million (action suit for naked shorting). He states that a substantial amount of the funds are collectible. Once this stock goes below 0.015 I am definitely picking up some shares. Not only that, but they have a court hearing in December against the SEC for not doing anything about the most prominent issue that has affected many companies we all know. So yes, they do short overseas but they also do a lot of it, if not most it, in the U.S. So don't think its MM this and MM that...there are companies out there robbing us blind. Back to what I was saying...I think they can actually have something substantial to present at the hearing because if they have been successful in the past in winning their judgments, twice, I believe they stand a good chance here once again. In all honesty I hope they win and win big because this could lead to some much needed changes in the SEC on how to crack down on naked short selling. This is a problem that exists and they are avoiding it for some reason or another. In fact, even my finance professors also believe this is a widely held practice that is occurring in the U.S. markets as a whole. So here is my point, if the scholarly community, companies and investors are aware of it why hasn’t the SEC come on board and start regulating and punishing these culprits? There is much to be done but at least one company has the nuts put it on the forefront and let the financial community know that companies, especially small caps, are no longer going to put up this s***. IP: Logged |
CuriousBull Member |
posted June 11, 2004 14:11
Geez...guess nobody cares. Ah well! quote: IP: Logged |
dardadog unregistered |
posted June 12, 2004 15:57
MoneyTV, Week of 6/11 LOS ANGELES, CA -- (MARKET WIRE) -- 06/11/04 -- MoneyTV is the Free information packages from the featured companies can be The television program can also be viewed online immediately at www.moneytv.net. Featured companies on this week's show include: Invisa, Inc. (OTC BB: INSA) CEO Herb Lustig spoke of and demonstrated Semotus Solutions, Inc. (AMEX: DLK) CEO Anthony Lapine reported WallStreet University CEO Bill Nordstrom, in an excerpt from their Stockdiagnostics.com, Inc. Director of Research Michael Markowski Universal Express, Inc. (OTC BB: USXP) CEO Richard Altomare announced Keith Landsberg, reporting from the American Stock Exchange, Jack Bouroudjian, reporting from the Chicago Mercantile Exchange, Viewers of MoneyTV can receive free information in the mail about MoneyTV is broadcast to 40 million TV homes in Western Europe, MoneyTV is also broadcast as the MoneyRap radio program in several A complete menu of TV and Radio listings is available at the MoneyTV MoneyTV television program, Copyright MMIV, all rights reserved. Contact:
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