Post by
filefish on Dec 09, 2010 4:16pm
VRO down 5% today
Anyone have an explanation for the drop in VRO shares today? Most of the other O&G producers were up.
Comment by
Wellsitter on Dec 09, 2010 4:49pm
I've been researching this all day and I've concluded that the share price dropped because people and/or institutions were selling at increasingly lower prices. The reason they were doing this? No clue. I do however, wish they would stop.
Comment by
filefish on Dec 09, 2010 6:43pm
Yes, that goes without saying.I was wondering if they were having some operational issues that have been leaked. This would be unusual for them as they pretty much have been close to a 100% success rates over the years.Or it may just be some year end tax loss selling or fund portfolio adjustments.Volume has not been particularly high. Lets hope for a rebound tomorrow....
Comment by
DanAssman on Dec 09, 2010 6:57pm
Volume was low to the down side....2 days ago 1 million traded.....Personally I think we are in for a pop... I did think that support was $5.80