RE:Selling pressureI don't know about short selling but there is certainly no lack of selling pressure. Continuing to
walk this down in successive selling waves. Is it manipulation or just genuine divestment due
to the fact that there has been no good news generated that investors can get enthused about.
My take on this is a lttle bit of both. When you see weakness for whatever reason, it usually
brings on more selling and more weakness until there is a point where selling gets exhuasted.
The manipulation part is that there continues to be someone who seems quite prepared to hit
each lower bid, thereby walking the s/p down.
The other aspect that the seller seems oblivious to or conversely, highly aware of, is the value
of VSR's Nelligan holdings. While 20 % may not sound much, that $value equates to around
$2/sh. Now something that is worth $1.50 -$2.00 on a takeout basis but trading at .67 seems
badly out of whack or grossly mispriced or perhaps grossly manipulated. Take your pick.