ANOTHER REASON TO BUY UNIVERSAL TRAVEL GROUP...LOTS OF SHORTS LOSING

Well i find another reason to buy some shares of UTA.....

Since the last attack from hempton the company only have a few shares in short:

http://www.nasdaq.com/aspxcontent/shortinterests.aspx?sym......

Before hempton lies, UTA only have something like 237,210 shares in short....

But before hempton attack the short interest just fire up and since the attack the short interest raise to 1,520,918.......and thats a lot of shorts rigth?

Well here comes the interesting part.....When the attack came, the stock hits 3.25usd...at that moment shorts began to attack based only in hempton lies.....o yeah go short because a guy says so......yeah go short because a blogger who admit is short says the company is bad.....well today the shares are trading at 4.5usd....so the most part of this shorts are losing money today, scared as hell because the stock is rising and asking his short master hempton whats is going on.......

But this get better!! yesterday the company files a SEC filing saying that an individual has bought 7% of the company!! yes you hear rigth, George Valente has taken a big position at UTA and i think that hes buying even more and doesnt has plans to sell in the short term.... So imagine...you short a stock as hell because a dubios blogger says so, but a big buyer who want a big position at the company buys all of them!!....So you are selling and the counterpart is a big player taking positions at the company....if i were short i will be worried....

And just put together the pieces......UTA make a movement to protect the board from a takeover.....then a big player buys 7% of the company and with that you have a lot to think about.....and a lot of shorts are getting trapped because the stock keep raising.....

Well we have our shares and i think this is turning to be a good opportunity and im not mentioning that the company is trading with a FW PE of 3.9.....and below its book value that is something like 5.5usd....have no debt, a lot of cash....just a bargain.....

Well good luck to the shorties......but i think we will continue to go UP

just another opinion.....

Best Regards

Sebastian Toro

LEER MAS...

Summary only...

ANOTHER UNEXPECTED MOVE AT UNIVERSAL TRAVEL GROUP!

As most of my readers know i have been keeping an eye in universal travel group recents events and posting some articles about the company:

http://caps.fool.com/Blogs/a-quotrealquot-visit-to/447974

http://caps.fool.com/Blogs/smart-move-from-uta/455584

http://caps.fool.com/Blogs/universal-travel-group/456029



Well today we have another unexpected, but positive move on this company----

The company filled to the SEC an SC13G filing:

http://google.brand.edgar-online.com/displayfilinginfo.as......

This filing refer to a new stockholder and we are talking of a big position here taken recently.

Someone by the name of George valente has bought 1,372,000 shares of the company and that equals to the 6.9% of the company......

Interesting history here.....somo dubios blogger publish some malicious comments about the company....the shares prices drop that day but only that day...the stock price has been rising since then and with very big volumes...so it look that the short attack open someone eyes, and that someone happen to buy 7% of the company......

But the history doesnt end here...some weeks later the company hired a new auditor thats is a lot better than the previous one, and this get even better....

A few days ago the company makes a propposal to shield the board from a takeover:

"They want to create a staggered board of directors, which is a classic take-over defense since it makes it far harder for an activist shareholder, or a competing company, to buy shares and then take control of the company. This is because you can't replace the board in one fell swoop, you need you wait and do it in stages every time a new group of directors are scheduled."

Read more: http://www.businessinsider.com/is-short-seller-target-uni......



And finally today, things start to make sense......Now we see one person buying almost 7% of the company in the recent drop and that explain why the company was trying to make that move.

Now theres a new big shareholder in the company that can access to the board and has power in the company...now the takeover begin to make sense....T

his movements are worth the while to keep following this company and in my opinion this is turning to be a great opportunity...

Well best regards to the our new UTA partner and lets hope that the company continue to bring us this good news...

Best regards

Sebastian Toro


share

LEER MAS...

Summary only...

UNIVERSAL TRAVEL GROUP: ANOTHER LIE FROM HEMPTON WAS ANSWERED..

share


Well we have been monitoring the behavior of the shares since the attack from this blogger on universal travel group, an another one of his lies was answered by priceline

Hempton says in his blog:

"Alas there were some things we could not find any way to buy with the website at all such as international hotels. That is despite the company announcing a partnership with Agoda (Priceline).

The press release announcing this partnership had contact phone numbers from Universal Travel Group and no contact phone number from Priceline. Anybody want to check with Priceline management how much business Universal Travel are doing with Agoda? "

He claim that UTA doesnt have any partnership with agoda and priceline, and he says that is a lie too and that he cant find anything to prove that....as always the poor old hempton cant find nothing.....i think that he only know how to use google to find videos of lady gaga and pictures from mr bean....at that hes an expert!! but actually find information about company...mmm i really doubt it....actually he dont want to find anything he just want to scare people.

making jokes of zapatero and making videos of youtube he should be an entertainer.....

Well back to bussiness this blogger claim that UTA doesnt have anything with agoda...and guess what?? in the conference call of Priceline this partnership was mentioned and corroborated by the CEO of priceline Jeffery H. Boyd ....

this is what Mr Boyd Says

"Jeffery H. Boyd - President and CEO: With respect to Agoda and Universal Travel, they are building their distribution through other travel websites in the region and I think this just represents their continued progress on that front."

Well... i dont like lies, so you can see the conference call transcript at this link:

http://www.morningstar.com/earnings/16296456-priceline-co......

The part mentioning UTA is at page 3 and 4 in the Q&A part.

i also talk with Matthew tynan at priceline and with Franz nitz at agoda and they also confirm that partnership...

So Universal travel group actually has a partnership with priceline.....that is real and corroborated from the CEO.

So another lie from this dubios blogger is uncovered.....He short UTA and make some malicious comments to make a profit, unfortunately the people actually believe all the bulls.... and is nervous....its a shame that this things happen and a person can make a profit misleading people....

Best regards

LEER MAS...

Summary only...

SMART MOVE FROM UTA

share

By: Sebastian Toro

Universal Travel Group (UTA) has been under fire in the last weeks, the fire began when a dubios article that some blogger make a few days ago, but the company and the shares has been recovering from the hit and today they make in my opinion a very smart move.

This blogger claim that their auditors was a scam, or a company that nobody knows.....this is what hempton says in his blog;

"has appointed Goldman Kurland Mohidin ("GKM").... I don't know who GKM are – and I will be thrilled if any of my readers can – off the top of their head – name three other companies they audit. Whatever: I think that GKM can take it as read that this is a higher-than-normal-risk audit assignment. And the first thing to do – confirm the existence of that $43 million cash stash"

Well..... looks like the company hear this and today the hired a very good CPA firm today:

"UTG today announced that its Board of Directors, in consultation with its Audit Committee, has appointed Windes & McClaughry Accountancy Corporation ("Windes") as the Company's independent auditor to replace Goldman Kurland Mohidin, LLP ("GKM"), effective September 30, 2010. "

Windes is a firm with a very good reputation in the US, a firm with more than 80 years of experience and a well know CPA....so know we have to ask this Hempton if maybe "his" friends know who they are......maybe not...they dont know nothing at all...just rumors and dobious intentions, as a short seller he just want to make a profit destroying a company name...

This is a list of the most important CPA:

http://insidepublicaccounting.com/PDF/top200_2010.pdf

and there is Windes at the 6 firm in the West of the US and 123 in the ranking. not bad at all!!

From their website:

"Acknowledged by Inside Public Accounting as one of the Top 25 Best of the Best Accounting Firms in the Country, Windes & McClaughry is a recognized leader in the field of accounting, assurance, tax, and business consulting services. The firm was founded in 1926. Headquartered in Long Beach, California, the firm also has offices in Orange County and the South Bay"

So we are talking of a AAA auditor now, that has a good reputation and this are very great news for the company in the long run.

So this is another good news for the stock

Now they have the work to clean a name that was put in doubt for a malicious short seller and they are doing a great job.

Also they make a conference last week to answer all the questions that this person make and the answer where very clearly and well made.

So i think this is a wonderful move, this is proof of the company in the long run and we think that this is a very good opportunity in the long run.....this is not to mention the very atractive numbers that the company has and the good things about this investment opportunity

PD: there are also rumors of a takever due to the recent movements at the company to shield the board against that..

LEER MAS...

Summary only...