UWRL - Why It Heads Higher From Here

Over the past 10 trading sessions UWRL has traded 744,769,944 shares. With the authorized shares at 2 billion you are looking at over 40% of the authorized being traded meaning shares are being accumulated in impressive fashion. It will reach a point, some time in the near future, when virtually all the shares will lie in the hands of those holding for higher prices. It will be at that point that UWRL embarks on its memorable run. The recent action is just a preamble to what lies ahead.

UWRL was dormant from 2007 until earlier this year. Back in 2007 the authorized shares were 2 billion. Today the authorized remains 2 billion. What does that tell me? This is a management team focused on getting shareholder value back without diluting the stock. That's right. There has been no authorized share increase since UWRL was reinstated. If they were going to dilute shareholders their first step would be an authorized share increase. Instead they have been busy locating merger candidates for the stock and restoring shareholder value. While the share structure has remained constant, UWRL shareholders find themselves with a continually growing asset base. At some point the market will recognize this discrepancy.

With almost 50% of the authorized traded recently and with the float being much lower than that, you can assume that the shares in circulation are declining by the day. The demand for shares will continue to rise, while the supply continues to fall, and at some time the price per share will react favorably. That time is drawing near.