ok i promise, last post for the night... lol sorry, cant help myself. this is a great read.

USXP: Up 600% + and Counting
Feb 27 2006 10:27:23 pm
Stock Market Analysis by Lonny Rosenfeld

Whenever someone buys a penny stock one hopes that there will be an instant surge in the price. Many people make quick money very quickly, but others also lose money just as quickly. Penny stocks are often unpredictable and can change direction at an unbelievable pace. This is exactly the case with shares of Universal Express (USXP.OB). Shares are up over 600% in less than a week, quite the gain I would say. I know many of you who are reading this article are wondering what this company does. This is a summary taken from Yahoo (NasdaqNM:YHOO): Universal Express, Inc. and its subsidiaries provide value-added services and products, logistical services, equipment leasing, and delivery of goods to the private postal industry and consumers worldwide. It offers retail and business postal services, and various personal business services and merchandise, such as commercial mail receiving; office products and supplies; packaging and shipping; copying, imaging, photo finishing, and digital services; home office boutique items; and concierge services. The company provides global delivery and services to international firms, as well as facilitates and manages the movement of baggage for leisure and business travelers. It also provides capital acquisition funding, in the form of lease financing, to the national business community, as well as to its other affiliates and subsidiaries. In addition, the company offers Universal Express Platinum Card, a prepaid card to transfer money. Universal Express was incorporated in Nevada in 1983 and is headquartered in New York City. Now that you all know what this company does, is it too late to get in and get a piece of the action? This is truly a tough call.

From a technical analysis point of view there are a few things worth mentioning.





If you take a look at the upper and lower band I have draw on the above chart, there is resistance located at .05. Shares made a few brief runs at this level on Monday, but this level failed to be broken and shares pulled back to close at .037. If the .05 level is breached, there may very well be a much larger push to the upside. It remains to be seen if this level will be broken.

Keep in mind that if this level is not broken in the short-term shares will likely begin to pull back. Since shares have pushed up so far in such a short period of time there is very little support on the downside. The only level of support worth mentioning is at .0075.

Like I have stated above it is anyone's call to what happens for the rest of this week and into the near future. If the .05 level is broken hold onto your hats as shares will likely see a very nice push even further to the upside, but if the .05 level is not broken shares may fall almost as fast as they have risen.

Remember to keep an eye on the support and resistance levels as these levels will dictate trade for the next several days.