GREY:VFGGF - Post by User
Comment by
inviolablspiriton Sep 26, 2013 9:56am
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Post# 21769290
RE:RE:More insider buying, yesterday !!!
RE:RE:More insider buying, yesterday !!!Technically the stock is now overbought, it may have one more day up or stick around this level today, but it should work it's way back down. Stocks don't go up forever they need to come back down and reset before the next move up. However, there are reasons as to why a stock will continue to get bought when it's overbought, but eventually they always work their way back down before the next step up. I think I'll wait and catch it on a pull back and if I'm wrong there are always other stocks to invest in. Good luck, it was a nice ride from $0.38 cents.