Fool, Where did you get your knowledge from to make a ridiculous statement like that about the stock reaching 52 weeks high? UCFC reached the 52 weeks high on March 12th at $ 1.58 to reach another high on Apr 3rd at $2.53 that is a 60% gain. What makes you think that UCFC is not going to do the same after reaching another 52 weeks high on Jun. 13th at $2.55. In fact UCFC is already 5% higher than that day. That is the precise reason why i have bought the stock today.
Have to agree that it hasn't taken place yet, but like I said just beware. Won't quote dates, but go back in History and you'll see where the price went from in the Dollars to the Cents 2009-2011 and of course don't forget about when it was in the teens.
The 52 week high of $2.54 was actually in April and the stock did pull back as you have stated. However, that was one day spike and the pull back was almost immediate. This rise in price has been more controlled and it appears that it has settled in nicely in the mid $2's. I think we will see $2.75 before before the shareholder meeting.
It may drop some, I am surprised it was up today. Based on the shareholder meeting being held off until late summer, it only tells us that better news is on the horizon that is going to shock you. You watch and see.