6 months?
Where do you get 6 months from? Are you reading directly from the SEC filing that it must be 6 months due to samples not sent to suppliers yet and thus, the whole process is set back 6 months?
I sold at $8 earlier last week because of the removal of the January deadline in the Preferred placement. This was a clear signal that VLNC would not be ready by January, so why is this such a surprise today?
However, I got back in at $5.50 cause we're back at very solid support on VLNC. If it goes to $4, I'll pick up more. I believe that today's action was mostly caused by MMs being able to bring the price down far enough to grab limit orders, and once the panic set in, the small fry jumped ship. Folks, this is absolutely the best time to buy VLNC. Don't listen to the skeptics and what's written in black and white. You gotta read between the lines. The fundamentals of the company are the same as they were yesterday, and are the same as when the stock was at $11 last month. Technically, we have melt down. But, IMO, it'll be short lived, and we're back up to $7 before you know it.
Back in with blind ignorance, cause the potential is just too great. |
