UWRL - Why It Is Heading Higher From Here

For those of you who come here frequently you already know why I like UWRL and why I think it is on the verge of a GOIG type run.  Late last year I called GOIG's bottom at $.0004 and it proceeded to rally from that price to over $.06  a share.  A mere $400 purchase of GOIG at the low turned into $60,000 at the high.  There are numerous similarities between GOIG and UWRL, one of which is they share the same investor relations firm.  They also have very similar share structures, although UWRL has less shares authorized than GOIG. 

If you look at the way GOIG's run started earlier this year it compares favorably with UWRL's recent run-up and pull-back.

The current positives for UWRL shareholders include a share structure that is virtually maxed out.  500 million UWRL shares have been used for the acquistion of GGER and are restricted for a year.  The rest of the shares are reserved for acquisitions, meaning what you see is what you get.  Essentially the shares currently in the market place will be stable for the foreseeable future.  The company has let its shareholders know that there is no toxic financing or share recapitalizations coming.

The company continues to bring value to its shareholders through mergers and acquisitions.  Go Green Recuyling, a UWRL subsidiary, has recently targeted $2.4 million in revenue from one project alone in addition to the company's normal operations. The company is also working on mergers with Vu365 a China based maker of mobile applications and Canadian based Welcome Place Software.

On Thursday and Friday the stock held its 200 day moving average.  Investors are buying back in after a healthy pull-back and I think the next move higher will take this stock much closer to my short term target of $.006.  This stock will surprise many people in the weeks and months ahead.