RE:RE:spJust Stunning
As I watch from sidelines, and happy to have exited again BTW, the chart and the story just keep getting uglier as time goes on. (and it is big time ugly) This chart never looks good and now is no different. Buying opportunities and pumping gallore as usual. Hope it all works out well for you shareholders but to me, this is a POS evil stock that will destroy your soul. Doesn't seem to be many institutional cheerleaders working to protect the SP. Sell and get away from it. It has been a losing strategy and doesn't look like it will change anytime soon.
I'm not a fan of VG, Socrates, or Cabbie. I'm not even short this stock. I've just been watching the banter between them as the chart gets uglier and uglier. Will it rise from the ashes? Who knows, we've been waiting for this stock to rise to something for a decade. Don't understand how much negative it will take for some holders to finally walk away? Just sticking around foreva.
For those questioning the chart analysis, ... just look at it. Down, down, down. Nothing positive to trade on, ... at least not yet. I thought those big blocks yesterday MAY HAVE signalled a change but today it hits another low. I spent a lot of time on this one. 15-20 years trading it. Luckily, i have enough sense to sell it when it stinks.
Valueable businesses manage to maintain value in tough times.