RE: As simple as look at 2 Y chart
Judging from previous100% rise from 20 to 40 c ,
the process wasn't easy and took 6 months
https://finance.yahoo.com/q/bc?s=VMS.V&t=1y&l=on&z=m&q=l&c=
Comprised of 4 vertical rises / bull flags, each 20- 30% jumps.
And about 1 month of consolidation / retracement till next jump.
Every next jump created bigger retracement.
The first bull flag was flat - just 25-27 range.
The second jump 25 -31 created pull-back reaction to 27c. as much as 50% retrace.
The third jump retraced temporary 60%-70 % of it's rise,
before moving to next jump.( which was a fake head )
The final jump was the biggest 33- 44 c , on the biggest volume too = 2.8 m
Every 20- 30 % jump required 2 m sh volume stick = somebody betting
as little as $ 500k, BUT AT ONCE
-to overtake the daytraders trying to play the range .
The bottom line ; looks like low risk to lose money here in next 6 months.
and still like 80% upside....regardless how bullish or bearish VMS story is .
Stories have wide range of pricing discretion....like 100% range. ... geeee
Trying to play each jump and retracement ( which is obvious from chart , they did )
is quite another story.
The lucky ones doubled their return to 200%.
The less lucky shrank it to 50%..
The high frequency intra- day trading on 1/2 c difference ( but still 2%) is yet another story.
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The other bounce from 20c ALL TIME LOW , Oct .2008 market crash bottom
was shorter./ different.
Took just 2 weeks to jump 20- 35 c
, than retrace for next 3 weeks back to 22.
Than 1 month to rise to 40 c .
After that it traded in range around 30 c for 7 months.
A 5% low volume swingers paradise , I guess ....
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