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Biotech / Medical : biotech fireworks
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To: Land Shark who wrote (6563)4/22/2015 4:37:21 PM
From: Jibacoa  Read Replies (2) of 7424
 
OT.

Re: Your thoughts on VLTC
Yes, although the stock made another 52 weeks H today,
the volume of 20,333,500 was less that the >27Ms yesterday. <g>
And the stock had been moving a little too fast since the up-move started
on March 31 from the 1 dollar level.<g>
One can expect for it to be somewhat tired, especially since the only previous pause
on this run was the one on April 7 at the $3.80 level.<g>
This pause at the $15 level seems well deserved. <g>
I think it is probably also OK for it to close some of yesterday's UG,
and dip a little below the 11.11 level.
After all, if it wants to match its previous run on 2011,
that was a longer run, although started from a much higher level.<g>
bigcharts.marketwatch.com

Bernard
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