"Valley Forge Corporation makes leisure, recreational, and marine products." It's a tiny ($50 M cap), boring, cyclical company, but I like it, since it's always traded pretty rationally, if thinly.
Today (9. June, 1997), however, it jumped 10% on 10x normal volume (with a daily average of 750 shares, that's not saying overmuch), and is trading at an all-time high. I don't get it; what's a nice little company like this doing acting so darned exciting?
Action like this makes me nervous. Anybody here follow these folks? |
