I agree, this stock is just too unpredictable and dangerous, when it should be going up, and looks strong, it starts tanking 5-6 points per day, and just when you think its looking weak, and short it, it starts showing some strength and going up 5-6 points per day.
My take is we will see it drift to 30s as all this news and TV coverage subsides, but I wont forget to go long again since the main reason I all got into this one was the b2b, the company wont comment on how its coming along, but I think its on ?.
B U T , if VERT does its IPO by then, I would be moving to VERT altogether and leave Onsale, because there is no uncertainity there.
VERT owns all the content, and content is what counts, they have little or no public competition in their area, whether selling Industrial process materials and equipment over the internet is a feasable idea remains to be seen, but auctions seem illfit for this idea, fixed cost might be moe appropriate, and then we go back to the basic question, does VERT n e e d Onsale to do their selling, and what prevents VERT from doing everything thmeselves ?
( my 2c )
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