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Bullboard - Stock Discussion Forum VIRGINIA HILLS OIL CORP VFGGF

"Virginia Hills Oil Corp, formerly Pinecrest Energy Inc was incorporated under the ABCA on March 24, 2006 under the name Testudo Oil & Gas Exploration Ltd. The Company is a Calgary, Alberta-based oil and natural gas exploration, production and development company with operations in the Canadian provinces of Alberta and Saskatchewan."

GREY:VFGGF - Post Discussion

VIRGINIA HILLS OIL CORP > Crickets chirping today and Bees buzzing
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Post by bankerboy28 on May 30, 2013 3:10pm

Crickets chirping today and Bees buzzing

yesterday....pretty quiet on the board today compared to yesterdays frenzy ...alot of panic sellers yesterday are now wondering why they sold low and bought high....looks like volume is back to normal and the price is steady to upwards...looks like we will have three phases...1. yesterdays selling mostly by instituions and buying by instituions..2..retail investors that bought low yesterday are probably traders looking for a quick 15 % and get out and that will impede the price movement temporarily as they get back out...3...price will stabilize at a more reasonable valuation based on fundamentals...

Some of the naysayers yesterday are the day traders that make their 15% couple day trade and will move on likely to go chase another stock and lose that gain....trading is generally not that effective...the only one that wins is the discount brokerage charging trading fees...most traders will always tell you about the 50% gain they made but rarely tell you that they lost 75% the follow week on another pick....

At todays prices..in my opinion its PRY is a mispriced asset...it should be much higher..I think its just a matter of time...BB28

Comment by waw33 on May 30, 2013 4:05pm
I'm down $28,792 on this POS... Firms tossing their holdings around to eachother at the expense of the lone investor... I've had enough. Buy and hold better pay off eventually...  
Comment by bankerboy28 on May 30, 2013 4:34pm
I agree.....Its not a level playing field just like you said....institutions flip millions ofshares around and then you get the computer algorithm trading..selling 500 shares by the second to artificially put selling pressure on the stock....like Morgan Stanley has been doing for days and again today....makes you wonder why they want to keep the price down... The exchanges need to clean up all the ...more  
Comment by bobby1231 on May 30, 2013 7:21pm
I agree...it's games being played by anonymous as well.  Have we seen the bottom at 62c?  I bought in again at 64c and 70c but i wont buy more until i see a nice movement upward.
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