VIRGINIA HILLS OIL CORP VFGGF

Bailing on Big Volume - New Bottom Daily

[red_baron]

No bottom to this stock .... downhill since November 12, 2012!!!
Current Price: 0.41
Prev Close: 0.43

Open: 0.43

Bid: 0.41

Ask: 0.4150

1y Target Est: 1.16

Beta: N/A

Next Earnings Date: N/A

Day's Range: 0.41 - 0.43

52wk Range: 0.41 - 2.16

Volume: 3,037,733

Avg Vol (3m): 1,805,230

Market Cap: 86.02M

 

[snubbin954]

Hate to admit you're right.  Wow, 3-year lows.  All the longs are under water now and a lot seem willing to take the hit, yet Canaccord thinks this stock could triple in a year.  There's technically no support left below 40.  The knife still appears to be falling even as WTI taps on $110.  So, ... chalk up the loss? 

[red_baron]

Somehow management isn't getting their story out! The website shows twelve analysts with research coverage from large firms .... but no ones buying the story! To be honest with you the "About Us" story is old and dated just like the website content, look and feel which are the same! Simply put the focus on "waterflood" scares a lot of people away! This BB has convinced my

[red_baron]

Poor shareholders / investors of this company...... no value creation here!!! July 7, 2010 ................................24 million Common Shares at a price of $1.04 per September 15, 2010 ............... 25 million Common Shares at a price of $1.40 per November 16, 2010 ................. 48 million Common Shares at a price of $1.55 per August 24, 2011 

[Catalac]

If that's really the case you are an alias or idiot you pick.

[red_baron]

Neither, Just doing my due diligence and smart enough not to try and catch a falling knife! But maybe you're in one of the categories that you reference!

[Catalac]

Do I have it right that the market value is 200 million shares at .40 or 50 mill they should keep buying shares back no?. If the net back is roughly 60 x 3000boe can't they buy them selves back and go private in less than a year?