Well, today's a day to lick the wounds, and wonder what in the hell is going on, eh? Though my cost basis hasn't been hit yet, I've got to say, "Me too." Ya gotta luv it when market controllers/forces take over and dash all kinds of plans. So it goes in this game. But, while taking yer lumps; and I hope everyone's built their strategy to withstand such as this, don't forget the larger picture IF the c.c. is truthful. VLNC appears to be on track, based on said c.c. provided information. Of course, they could be lying, but in light of recent litigation activities what would be the sense of that, eh? So perhaps games are being played. Bottom line? As of right now it's at its 52 week low, so as a speculative gamble you could do worse(I meself went out on a "day" trading basis and bought a nice block below $4, anticipating next week will see it higher). It held at $4, but for those considering the possibility, I'd await Monday to see how it drifts, particularly since the overall direction, short term appears to be down. The question is, for how long? At any rate, expect, over the weekend, to hear pontification from all sides and on all thread regarding where things are about to go. Ultimately no one knows for sure. The coin toss comes down to whether or not N.I. is on track. Wouldn't you just luuuv to visit that plant right now? HEH!!
John~ |
