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Bullboard - Stock Discussion Forum VIRGINIA HILLS OIL CORP VFGGF

"Virginia Hills Oil Corp, formerly Pinecrest Energy Inc was incorporated under the ABCA on March 24, 2006 under the name Testudo Oil & Gas Exploration Ltd. The Company is a Calgary, Alberta-based oil and natural gas exploration, production and development company with operations in the Canadian provinces of Alberta and Saskatchewan."

GREY:VFGGF - Post Discussion

VIRGINIA HILLS OIL CORP > Market Price...thats the only number that
View:
Post by bankerboy28 on May 14, 2013 10:09pm

Market Price...thats the only number that

matters....target prices are just analysis and projections of what should happen...not what will happen or what is happening now....the market is not paying for possible future results...

I expected the price to settle in the high 80s but never thought I would see 78 cents...thats pretty volatile...just when I though 88 cents was a bargain basement price..the action today tells me that the next morning I could wake up to a 78 cents close and an 11% loss....

this one has gotten a little too risky...I guess they don't call it the venture exchange for nothing...BB28

Comment by waw33 on May 14, 2013 11:25pm
Meh, I wouldn't be too worried, When a quarterly report isn't as expected there will always be some selling. Touched .78 on one quick dump, bounced and was then held up. And actually pushed up to 90.. and had a decent close considering. That tells me people definitely still wanted it.   Hey, bottom line is we know it's a sector out of favor, with some macro catylist to come from ...more  
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