Alan: Trading in VLNC has been interesting here lately. A very control descent has been underway, from what I can see. A natural retrenchment? Perhaps, but based on the paltry volume I think probably not. After all, who's reeeeally selling at this point, eh, what with so much potential for validation right around the corner? But to continue the thought, let's say you use the argument that this descent implies things ain't right in Denmark. Yeah, well, maybe, but if this recent descent was on heavy volume THEN I'd have to suspect something was amiss with production, but with so paltry a volume me thinks the market makers are "making their market" and preparing to line their pockets. Ahem. Indeed, this afternoon's trading was funny, ie it stayed nailed to $5 x $5 1/8, no 1/16, no 1/8, no 1/16 and ended the day at $5 x $5 1/32. Jeeeez.....
Be that as it may, all I can say is...."GIMMEE!!" ;-) Of course, I could be all wet since this is merely my opinion and hence subject to all the human foibles delusions usually expose. But all I can say to that possibility is....."GIMMEE!!"
John~ |
