UNIVERSAL EXPRESS INC - USXP Message Board

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Microcap & Penny Stocks : UNIVERSAL EXPRESS INC - USXP

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To: Harry O'Donnell who wrote (640)	7/2/1998 4:44:00 AM
From: TraderGreg	Read Replies (1) of 2493

Perhaps you've done more harm to this stock recently than RA has at any time. You can not possibly be serious. RA has devalued this stock far more than any posters power to detract. Two reverse splits equivalent to a 1 for 840(a 1 for 12 and 1 for 70) have all but destroyed the value of any veteran shareholder's stock(which I was not, but with whom I can sympathize ). And the ultimate insult to the intelligence of the shareholders is when he says the reverse is to take care of the shorters. That is ridiculous. Shorters light candles praying for companies to do reverses on their short positions. RA is defending the company and the longs against the shorters? I can just see a shorter's reaction to that inane statement. Probably similar to one I heard a White House staffer make about Republicans in Congress: "With enemies like that, who needs friends?" Prior to the reverse, I felt that much of the heavy short position had already covered. Maybe, maybe not. But a 1 for 70 short definitely attracted new shorters. BTW, the Class B stock wasn't reversed...wonder who owns all those Class B shares? TG

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