RE:RE:Ink ResearchI’m NOT an analyst but historically I found that VLE is trading within well-defined Bollinger bands (25, 2) & each deviation will religiously correct itself in few days. IMHO this trading pattern is happening because parasitic day traders have infested this stock and take advantage of ill informed (& insecure common shareholders); lack of major institutional holders is also contributing to this volatility.
I’m holding because company is heading in the right direction like building reserves and slowly growing production. I also think that a major explosive development like proving DEEP Wassana could transform this solid little company into a major.
Now; let us not forget Thrace basin too.
G37