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Versatile Systems Inc VVVFF

Technology Software - Application
"Versatile Systems Inc and its subsidiaries are engaged in software development and sales of computer software, hardware and system integration services related to wired and wireless mobile business solutions. The company's products and services include field sales system, android dex, management console, service depots, single repairs etc. It has Eastern US, Western US, and VMS-UK geographic segments. The firm derives the majority of its revenues from Eastern US segment."


GREY:VVVFF - Post by User

Versatile Systems Inc
Bullboard Posts
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Comment by LeRiche21on Jan 30, 2012 10:07am
257 Views
Post# 19464572

RE: All is quiet on the Western Front...

RE: All is quiet on the Western Front...

Looks like it was a pump and dump... or maybe just great support which occured when somebody got sick of VV and dumped a lot of shares whichwas picked up by the support I was referring to that in turn created a buzz and pushed the PPS higher until profit taking occurred and no more buyers showed up...

The fact that there was insider buying confirms that nothing is coming in terms of news as it would be illegal... 

That being said I still think the company should be valued closer to 13c based on book value but I guess they'll need to over deliver to get fair value and based on past performance I'm afraid this could take a while... 

I'm still holding for the long term as I do believe we will eventually reach fair value and who knows, maybe the will come put with great results one day...

GLTA and DYODD

LeRiche

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities
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