As much as I like DNET as VDAT's subsid... how about taking it over to the DNET board?
You're pitching DNET to the wrong people... pitch it to people that DON'T know about these two stocks. Not the ones that do. Thanks.
VDAT is running because its outstanding shares are 5.7 million and the float is 4 million.
And we've been having 1-3 million volume days as of late.
VDAT mm's are running out of shares.
And investors are liquidating their 100% returns which is the only thing providing liquidity to this stock.
However, there is a small, but increasing percentage, which are holding their shares because they missed ITVU, BCST, RNWK, etc..and they don't want to miss the party this time.
If VDAT was an IPO released today to the market, this would open at least $60 or more, I'm sure.
Not a cheerleader here..just looking at supply/demand.
Most people don't even know what a VDAT is or does. This is good if you are long. There are several more weeks where people will be educated...and as they are, they will buy in and increase this solid "hold" base further. This happens to the point of say an AMTD..where you have 50-70% no longer selling but just holding. Letting the trader's take it up.
After that, a split.
And I can't think of a better stock to split when it's high than VDAT because of how few shares there are. Pretty soon, you have institutions jumping in because the float becomes more reasonable in size.
The market is falling and we have a VDAT of 37 currently.
I see a bargain as the market falls.
-DavidCG
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