GREY:VFGGF - Post by User
Post by
bankerboy28on Jan 17, 2014 8:45pm
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Post# 22106646
RSI 17.87
RSI 17.87slowly starting to slow and turn....more buying interest....it will probably take some time now to repair the damage...I think the management got totally blindsided....the stock got cut in half in 4 days of trading....there was huge trading on the 7th of January for around 7 million shares and then zap...the news and the reaction was very dramatic....total capitulation in 4 days....
the management have now somewhat stated the plan and in a round about way are saying they need to reel in the spending and pay debt with cashflow....like duh...no kidding..you guys just figured that out.....the quickest way to turn things around is new leadership at CEO....the assets are there and the potential is there but the management needs a reality check....in my opinion a change would only be for the good... because it really can't get much worse...its almost like nobody's in charge....time to earn your paychecks or step aside and let somebody else lead....BB28