Vantage Drilling Company Common Shares (VTGDF)

[chico2663]

have a friend that is really good and here is what he wrote about this companyVTGDF
The most interesting stock on your list. I looked more into the charts and it appears the stock is being day hedged when trading at high volume. What's interesting about this trend is it stopped last week during this current swing upward. Once again it comes down to the same question I had asked up above.
What is their end game?
They are either diluting what stock they can while keeping the price stable and eventually F**king its shareholders.
OR and a big OR they are match buying the stock on the intentions of building expanding and don't want to have to pay the uptick in price in the future. There is something to be said about keeping their vantage name.
Vantage seems pretty hush/hush which leaves investors to speculate. I'm personally going to hold off on this and watch extremely closely. If crude hits 60 and this isn't a shell I except to see some moves made. If this company is the real deal and doesn't plan on F**king over it's shareholders I honestly don't see it hitting a dollar or even 25 cents in the next 6 months anyway. They don't have many positive advances being made right now and looks if they are the real deal will start to grow in 2018 not anytime soon. PR covering this stock or a highly unlikely announcement of contracts in the next few months would swing it upward but just don't see that happening. Best of luck to anyone that has it and I hope you don't have a large percentage of your portfolio on it. Don't want to hear that someone lost there house or life savings on this thing.