GREY:VMSTF - Post by User
Post by
GEEEon Jul 08, 2010 2:41am
448 Views
Post# 17252766
As simple as look at 2 Y chart
As simple as look at 2 Y chart
Best of both worlds : buy low on improving prospects / bullish news
and possibly on intermediate market bottom.
PLUS insiders buying and launching a program to attract institutional buyers.
In their opinion ,VMS stock is worth $ 1 = 400% from here.
I rarely agree with insiders spin , but in this case I do...
.... but up to 80c for now
And $ + 2 when the future , expanded JV with HUB will produce $ 800 m revenues
and $ 200m CF . But that's years away.
.
Plus price bouncing from multi year support -- from ALL TIME CHEAPEST LEVEL.
The 20 c support held on the bottom of market crash fall 08, .
Than again on bottom Aug 09 .
And again now , July 05, with obvious bottom bounce volume of 14 x the average .
90% of previous VMS significant bottoms had such high, 2-3 m sh volume sticks.
So, up we go .
How high up.?
In both cases of previous bouncing from 20c all time low ,she went up to 40c
The chart is so simple : 20c- 40 c range in last 2 years ,regardless of any fundamentals.
No big prophet needed here.
Somebody plays his 100% long ,50% short game here.
This time shall be no different , though this time VMS has much better
REAL ,GOOD, FUNDAMENTAL REASONS to go higher .
Seee previous post valuation.
In addition , if today's crazy bull attack on general market ( 7-10% moves across board)
signals some kind of reversal ..than everything will go up for a while.
July 6 = 3m sh bought between 22 -26 c = 14 times the aver vol
Including 600k by insiders .
July 7 buying ,even on 10% higher price continues on 2 x the volume on a bull flag formation.
Total 3 day buy volume 4. 25 m sh = 18 times average
.