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Diary of A Day Trader© May 8, 2011: "Happy Mom's Day...We're Swinging With UBRG Into Next Week"

Happy mother's day to all the moms out there! Hope you had a good one. 

I'm looking for UBRG to continue its break to the upside. Good contract news and massive volume have ignited buying interest in this one. Please, look at the chart here: http://finance.yahoo.com/q/bc?s=UBRG.PK+Basic+Chart&t=5y

Of special interest is that move back in January, 2009. This thing went parabolic, and I'm hoping and betting that history will repeat itself.

Keep an eye of this one, along with DUNR (another former runner) and FKWL, which has been basing at $3 and may be prepping for a move higher.