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Penny Stock Forum Penny Stocks are low-priced issues, often highly speculative, selling at less than $5 a share. Penny Stocks are traded on pink sheets and the OTCBB

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  #1  
Old 07-03-2008, 01:29 PM
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Default UVSE - Universal Energy Corp - Penny Stock - Oil & Natural Gas

Since this stock has been mentioned recently, here's some info:

Business Summary:
Universal Energy Corp., an independent energy company, engages in the acquisition and development of crude oil and natural gas leases in the United States and Canada. As of December 31, 2007, it had working interest in approximately 7,095 acres of land in Louisiana and Texas, as well as in Alberta, Canada. The company, formerly Universal Tanning Ventures, Inc., was founded in 2002 and is based in Lake Mary, Florida.

Quote:
Universal Energy Corp. Announces Completion of Caviar Pipeline
Thursday July 3, 8:45 am ET

HOUSTON, July 3 /PRNewswire-FirstCall/ -- Universal Energy Corp. (OTC Bulletin Board: UVSE - News), announced today that the Caviar pipeline was completed on July 1, 2008. Work has continued over the past few days finalizing the component installation on the production barge.

"I truly feel patriotic beginning production of Caviar # 1 and Caviar #4 on Independence day weekend," commented Billy Raley, Chief Executive Officer of Universal Energy Corp. Raley continued, "In no means do I imply that production from Caviar production will change the energy markets, but if each U.S. E&P company were focused in on drilling domestic prospects as we are, it would create a damn good start."

Universal Energy Corp. is a publicly traded (OTC Bulletin Board: UVSE - News) energy company engaged in the acquisition and development of crude oil and natural gas leases in the United States. We pursue oil and gas prospects in partnership with oil and gas companies with exploration, development and production expertise. Our prospect areas consist of lands in Louisiana and Texas. Visit Universal Energy Corporation for more details.
Chart: UVSE - SharpCharts from StockCharts.com

Fundamentals:
Shares Outstanding 29.89M
Beta 3.3200
52 Week High (7/9/2007) 2.5500
52 Week Low (6/23/2008) 0.0100
Market Capitalization 0.59M
30 Day Historical Volatility 409.1500

I got in yesterday at .024, hope this will copy HTOG and bounce up next week.
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  #2  
Old 07-03-2008, 11:47 PM
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Default Re: UVSE - Universal Energy Corp - Penny Stock - Oil & Natural Gas

I don`t know much about this company and I don`t trust any of them.. With statements like these... Universal Energy Corp. is a publicly traded (OTC Bulletin Board: UVSE - News) energy company engaged in the acquisition and development of crude oil and natural gas leases in the United States. We pursue oil and gas prospects in partnership with oil and gas companies with exploration, development and production expertise

This sounds like they buy up leases and that is about it..

I try an flip stocks like these and that is it... Made some green off this one this week. Good luck
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  #3  
Old 07-04-2008, 01:48 AM
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Default Re: UVSE - Universal Energy Corp - Penny Stock - Oil & Natural Gas

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Originally Posted by pennyfrog View Post
I don`t know much about this company and I don`t trust any of them.. With statements like these... Universal Energy Corp. is a publicly traded (OTC Bulletin Board: UVSE - News) energy company engaged in the acquisition and development of crude oil and natural gas leases in the United States. We pursue oil and gas prospects in partnership with oil and gas companies with exploration, development and production expertise

This sounds like they buy up leases and that is about it..

I try an flip stocks like these and that is it... Made some green off this one this week. Good luck
I believe this will be a great play, I dont do company info really though. I try to stick with TA. There is a lof of buzz on the internet about this stock though. Well see monday
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  #4  
Old 07-04-2008, 11:38 AM
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Default Re: UVSE - Universal Energy Corp - Penny Stock - Oil & Natural Gas

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Originally Posted by mike_d View Post
I believe this will be a great play, I dont do company info really though. I try to stick with TA. There is a lof of buzz on the internet about this stock though. Well see monday
I hope it will be a great play also. Want to post more dancing bananas...
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  #5  
Old 07-04-2008, 02:56 PM
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Default Re: UVSE - Universal Energy Corp - Penny Stock - Oil & Natural Gas

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Originally Posted by sg1efc View Post
I hope it will be a great play also. Want to post more dancing bananas...
LOL!!! I want to post some dancing 100 dollar bills!!
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  #6  
Old 07-04-2008, 09:06 PM
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Default Re: UVSE - Universal Energy Corp - Penny Stock - Oil & Natural Gas

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LOL!!! I want to post some dancing 100 dollar bills!!
That would be better than dancing bananas. But at this point, I'd settle for dancing bananas as profit. Build an open air theater and sell tickets for the dancing banana show.
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  #7  
Old 07-07-2008, 11:35 AM
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Default Re: UVSE - Universal Energy Corp - Penny Stock - Oil & Natural Gas

How about this action today.



lets see a strong close and a huge gap tomorow. Hope you guys got in
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  #8  
Old 07-07-2008, 11:39 AM
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Default Re: UVSE - Universal Energy Corp - Penny Stock - Oil & Natural Gas

I got in a couple weeks ago @ .105. I still need it to triple in price to break even.
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  #9  
Old 07-07-2008, 02:34 PM
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Default Re: UVSE - Universal Energy Corp - Penny Stock - Oil & Natural Gas

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Originally Posted by mike_d View Post
How about this action today.

lets see a strong close and a huge gap tomorow. Hope you guys got in
I bought 14,000 shares @ .024 Hope it goes up some more.

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Originally Posted by Texasrunner43 View Post
I got in a couple weeks ago @ .105.
Don't feel bad Texasrunner. More often than not, I buy into a stock when it is too high, like VYEY, MONA, LVLT.... and the list goes on & on & on.... Trying to change that though.
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  #10  
Old 07-07-2008, 09:46 PM
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Default Re: UVSE - Universal Energy Corp - Penny Stock - Oil & Natural Gas

I made a months takehome pay today
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