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Re: turbo29 post# 4287

Thursday, 09/28/2017 4:15:35 PM

Thursday, September 28, 2017 4:15:35 PM

Post# of 6596
$VCPS is very dependent now on news to help move it up at this stage, and it is possible news can be put out soon or by 4th qtr end of 2017 as a consideration here with $VCPS to keep in mind (such as patent approval supposedly likely 4th qtr 2017).
That said, it can move up on technicals without news.
Because I focus on very oversold technically based trades for short term reversals higher, most of my trades historically have moved without news & in months previously $VCPS itself moved up frequently without new
s...
However, I admit in this case specifically, after recent dilution it needs news more than the average trade to attract enough money in able to help break thru the recently increased large Ask size (which I've stated in recent past posts).

You ask me about upside, but it's any one's guess where it will possibly pop up toward given the circumstance here.
I've recently moved my minimum down to .001+ area, but if news hits or a decent amount of money decides to suddenly rotate into this without news (like has happened in month past), anything can happen up to .002-.01+ given how oversold this pig is and given how long it has not had a major trade-able move up (making it over due for a run up statistically).
This thing might never move up, but don't be surprised (news or not) if this thing goes to .001-.002 or even much higher one of these days. Crazier things have happened lately in contrast to other stocks (with and without news). After all, in the OTC subpenny land anything can happen.

In contrast I've seen many tickers re-surge much higher after lingering similarly down to .0001-.0003 for a few months and having appeared dead, and which were in much worse predicament of dilution & which had 1-4 billion O/S at the time.

I still continue to support holding a reasonably low risk sized position here, which I usually suggest as a standard strategy anyhow when following my subpenny trades (for proper risk/reward on each trade)





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