On Friday, URBANA CORP A NON-VTG (PINK:UBAA) recorded the third highest trading volume for the year. Nearly 150 thousand shares were traded, which is ten times higher than the daily average.
UBAA opened the last session with a gap down and at the end of the day finished 6.74% lower at $0.9. On Thursday, UBAA was also heavily traded.
Unfortunately, the company stock is traded on the gray market, so it was not surprising to see that there was no official news or reports which could have underlined the increased trading interest toward UBAA.
The last SEC report filed by the company dates back to 1973. The latest news published by the company on its official 
website dates back to August, 2011.
Apparently, UBAA stock is far from a secure stock to trade on the market given its gray status and lack of official information about the company
