OTCPK:VREYD - Post by User
Comment by
grucon Oct 02, 2014 6:05am
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Post# 22989993
RE:RE:RE:low price = more later
RE:RE:RE:low price = more laterHere’s the silver lining, I hope…
I once owned an oil stock with a sound balance sheet and positive future…
Eventually most people who did not feel as strong about the balance sheet sold out and the stock went quite low…
After that, whenever there was a bad day on the markets, the volume was extremely low and the stock would barely fall in price…
The stock would regularly go up with quarterly reports and news about reserves and production increases…
After about 6 years or so the company was bought out and I made a lot of money…
TOG clearly had a cleansing yesterday of both big and small players with no confidence in the stock…
Hopefully we’re getting closer to where the balance sheet means more to the remaining investors than the technicals…
Here’s to lower and lower volumes on bad market days…