OTCPK:VGIPF - Post by User
Post by
chaneyon Nov 01, 2012 5:12pm
255 Views
Post# 20552090
Share price
Share price Many factors at play here, firstly markets were closed for two days and it probably caused some delay with releasing news.
Secondly profit taking going on which will continue a little while longer.
Thirdly some frustrated investors dumping as this is not why they bought the shares to begin with.
Lastly election next week if Obama wins Keystone Pipeline probably won't happen and that will impact all Canadian oil stocks, some very nervous people out there with that prospect so they are not buying.
Hopefully Romney wins friendly to oil sands and a move to the TSX will get it rolling even more.