GREY:SMDWF - Post by User
Comment by
TechTargeton Sep 22, 2015 1:28pm
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Post# 24125638
RE:Different kettle of fish
RE:Different kettle of fishGreat insight Bullchart! Thank you. It's great to hear from pro traders like you who provide this level of detailed insight! If only all traders were like that! ;-)
I hope for the true longs here in VID that you are right! It's been a rough ride for these guys! But yes, the stock is holding well even on a down overall market.
As for "shares for debt deals" and potential. Completely agree! That's the reason I'm on with YTY as well as VID. The YTY vote for the "shares for debt" is happening this Friday and the institional investor/lender LaSalle who bought in at 25 last October will be taking over YTY at 12.7 ish per share. Taking over the debt and providing cash. If you can, jump on that board and let us know there what you think (if it's' positive that is :-) That's another sleeper that's ready to wake up IMHO. Just like VID was (but which required patience to get in at the lows)
Thanks again!
bullchart wrote: This time. Some will look back at sept 3-4 when this jumped from .08 to .125 and then retraced back after name change news. More day volume this time along with moving up on news. May be wrong , but doubt we get much of a retrace this time. Also when a company gives shares for debt, better pay attention. Someone was willing to take paper to get debt paid. Adding on higher highs as we dump the dogs for tax loss.