Post by
marketsense on Oct 22, 2020 1:10pm
Traction
Remain stuck at this level. Any time VSR tries to move up, it is quickly squashed by an
avalanche of selling. Obviously there is a lot of stock waiting to get out as soon as the bids
build up. Can't sail against the tide. The good part of this is that selling is being mopped
up at this level so all is not negative. Requires more patience but admit it is frustrating in
the meantime. At some point the selling will be exhausted or the news will be good enough
to overwhelm the selling and we break out regardless. More patience required.
Comment by
goldbug1965 on Oct 23, 2020 3:58pm
#3 : They have to wait for freezeup to drill Felix. The summer campaign was cancelled because of the abundance of wet terrain on the property if I recall correctly. (It was in a PR).
Comment by
RazorRamone777 on Oct 23, 2020 4:09pm
Whatever the reason, we are sitting on dead money for the foreseeable future. There is no catalyst to reach a new high in the S/P anytime soon, unless the billionaire guy Reaper gets out of prison and decides to but back in, however I doubt that since a little birdie told me he sold all his shares at a loss some time ago to raise money for lawyers and bribes.