Re: The new stock offering. Is this an accepted fact at this point, considering their cash burn rate? If so, in light of dilution concerns, what's to make the stock pop, other than good old fashion contract news.
Re: No news until the near future. That sounds really good!
I also noted on my trading account yesterday that VLNC was classified as a "fast market conditions" stock. There is A LOT of speculation in this one, not just by us posters, but mostly by the big boys! WHEN news is released (because we all know it will be), this one is going to fly to the stars! The middle teens is absolutely not out of the question, short term (1 - 3 months).
I initially considered VLNC a long term holding. But, it's just too fun to not trade in and out of these very volatile price moves. Basically, buy below $8, sell above $9, back and forth, back and forth. It's actually more fun than stressing day in and day out as to whether it'll make it long term (which I believe it will, I just want to make money NOW!)
Gordon, FMK, Matthew....good postings. John, enjoy the "speculative" information. |
