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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 > More insider buying, yesterday !!!
View:
Post by zeus55 on Sep 26, 2013 8:26am

More insider buying, yesterday !!!

Sep 25/13 Sep 25/13 Toews, Daniel Direct Ownership Common Shares 10 - Acquisition in the public market 500,000 $0.550
Sep 25/13 Sep 25/13 Brussa, John Albert Direct Ownership Common Shares 10 - Acquisition in the public market 500,000 $0.500
Comment by jenst11 on Sep 26, 2013 9:33am
Nice, making money is easy and safe here. I think we will be closing at 70 cents Friday instead of 60cents after yesterdays performance. This thing is on the move up and fast Good luck all
Comment by inviolablspirit on Sep 26, 2013 9:56am
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 ...more  
Comment by Oilytrader on Sep 26, 2013 10:00am
If it was technically oversold when you bought, then technically, probably a good point to sell. good luck. Fundamentally, it looks like anything under $1.00 is relatively cheap if you believe in the waterflood strategy.
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