Tuesday, October 5, 2010
UWRL - Is It Finally Time?
If you've been reading this blog for the last three months than you know exactly how I feel about UWRL. For those of you new here I have always felt that UWRL will see $.006 and better a share. It surged ahead to $.0032 less than 100% away from my target price before trending down to $.0007. The stock languished there for several trading sessions until this week.
The last two days UWRL has posted a breakout on record volume. Investor interest has returned to this stock in a big way.
After a long wait UWRL investors just might be getting what the guru was calling for all along, a run to $.006 and beyond.
Today's news was impressive and a removal of the skull and bones at Pink Sheets will go a long way toward drawing buyers back into this stock. I think we could see that come really soon.
When UWRL fell back to $.0007 I was sure to let me readers know how great a buying opportunity it was. I think $.0015, today's closing price, is also a great buying opportunity if UWRL can get the Cavat Emptor status lifted. Once that happens my $.006 price could come a lot quicker than many people will expect. Just look at the last two trading sessions. UWRL has put itself back on the map and is a stock to be reckoned with again. Today's news and the prospect of more gains has injected life back into this stock.
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