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Microcap & Penny Stocks : UNIVERSAL EXPRESS INC - USXP -- Ignore unavailable to you. Want to Upgrade?


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



To: Harry O'Donnell who wrote (640)7/2/1998 12:03:00 PM
From: Cannon  Read Replies (2) | Respond to of 2493
 
Well, I leave for a day and look what I come back to! Harry O'Donnell, you are right on target, if these guys need to vent, do it once and get over it.
A few of these posts are legitimate investors who just need to get their frustration out...however, some are regular PKGP?USXP bashers and are here with a specific agenda.
It doesn't take much to see who is who.
To these guys I say again, if you do indeed have a position in this stock, you must be extremely self destructive. Please do not try and take the rest of us down with you.
Randy



To: Harry O'Donnell who wrote (640)7/2/1998 8:10:00 PM
From: David Rye  Respond to of 2493
 
Interesting that RA said he decided to go with the R/S in the afternoon on the day he did it. Why does this line sound like just that and in fact he announced it in the afternoon to catch us all off guard and prevent most of us from selling immediatly.
Just my 2 cents.