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Saturday, September 02, 2017 7:01:18 PM
I've been speculating in past posts that we may see an O/S # near 400 Million range area by end of August.
https://www.otcmarkets.com/stock/VCPS/profile
That 499 Million O/S is a little more than I had anticipated & it is a large increase from 261 million in July 31 to September 1, however I'm not very worried about it in the short term as long as it is under 800 Million in the mean time (as something I also said in past).
I think $VCPS still probably has a good trade left in it yet before we see 800 million or more O/S.
I've been in many past subpenny trades (mostly successful near .001 or less) that started out around 400-550 million Outstanding Shares when I entered them, so in that context 499 Million O/S for a stock @ .0003/.0004 is actually a relatively good situation. So as I've said in recent weeks, despite recent dilution since August, $VCPS has a great share structure yet in the short term for a sub .001 stock while having such great liquidity & a good trade-able volatile chart history.
I was right in August about the O/S analysis in context of this short term trade & I continue to maintain same stance yet.
So, Wait and see yet if we get some upside by September to .001+, which I think odds favor yet to happen.
https://www.otcmarkets.com/stock/VCPS/profile
That 499 Million O/S is a little more than I had anticipated & it is a large increase from 261 million in July 31 to September 1, however I'm not very worried about it in the short term as long as it is under 800 Million in the mean time (as something I also said in past).
I think $VCPS still probably has a good trade left in it yet before we see 800 million or more O/S.
I've been in many past subpenny trades (mostly successful near .001 or less) that started out around 400-550 million Outstanding Shares when I entered them, so in that context 499 Million O/S for a stock @ .0003/.0004 is actually a relatively good situation. So as I've said in recent weeks, despite recent dilution since August, $VCPS has a great share structure yet in the short term for a sub .001 stock while having such great liquidity & a good trade-able volatile chart history.
I was right in August about the O/S analysis in context of this short term trade & I continue to maintain same stance yet.
So, Wait and see yet if we get some upside by September to .001+, which I think odds favor yet to happen.
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