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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (1171)7/2/2009 12:14:49 PM
From: Jibacoa  Read Replies (2) of 1404
 
VRS has a large LTD but its +CF isn't bad.<g>

The insiders hold a good % of the shrs and Apollo Management also has a prtty good chunk.

The stock formed a rather long base as it tried to come out from its DT, but on Apr29 it started showing signs of accumulation. The insiders did some buying in May and the stock had a >100% gain from its Apr 28 level.<g>

In spite of the large EL for 2009 and still persistent EL for 2010, the stock is among staying on the green today and is up 9.60% with volume still < half its ADV.

bigcharts.marketwatch.com

As I mentioned, the EL is rather large, which makes the stock 'unatractive' but it seems it could get to test the $2 level again.<g>

bigcharts.marketwatch.com

Bernard
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