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Wednesday, October 11, 2017 9:12:07 AM
Outstanding Shares = 1,177,082,560
(a/o Oct 10, 2017)
https://www.otcmarkets.com/stock/VCPS/profile
It finally updated.
My thinking has been thru Sept 30 it might be as high as 900 million area, so 1.1-1.2 Billion is close to on track for Oct 10 based on its excessive weekly rate since August.
Truly amazing how it diluted so much from August. It's one of the worst dilutions in 2 months period I've ever seen. It certainly surprised most people coming from a low O/S not long ago.
When I took advantage of the last trade in late July for over 200%, I highlighted how low the O/S was and that this could be a nice repeat to enter again on a good pullback, & usually such a thesis would be correct.
It's hard to believe it would have 2+ months of relentless dilution without a solid reversal back above .001+ to trade on. This $VCPS since August truly has been an unusual 'anomaly' as I've said in the past here (in regards to what I trade with a stock in the good situation this was in back in early August).
This doesn't mean it's over with certainty.
Been saying in past posts that plenty of stocks have rallied in this type of situation from .0001-.0003 area with much more than a Billion O/S.
(crazier things have happened)
It looks dismal, but it has a chance to do something yet. If only the stupid company would put out a news update, it would have a nice pop.
(a/o Oct 10, 2017)
https://www.otcmarkets.com/stock/VCPS/profile
It finally updated.
My thinking has been thru Sept 30 it might be as high as 900 million area, so 1.1-1.2 Billion is close to on track for Oct 10 based on its excessive weekly rate since August.
Truly amazing how it diluted so much from August. It's one of the worst dilutions in 2 months period I've ever seen. It certainly surprised most people coming from a low O/S not long ago.
When I took advantage of the last trade in late July for over 200%, I highlighted how low the O/S was and that this could be a nice repeat to enter again on a good pullback, & usually such a thesis would be correct.
It's hard to believe it would have 2+ months of relentless dilution without a solid reversal back above .001+ to trade on. This $VCPS since August truly has been an unusual 'anomaly' as I've said in the past here (in regards to what I trade with a stock in the good situation this was in back in early August).
This doesn't mean it's over with certainty.
Been saying in past posts that plenty of stocks have rallied in this type of situation from .0001-.0003 area with much more than a Billion O/S.
(crazier things have happened)
It looks dismal, but it has a chance to do something yet. If only the stupid company would put out a news update, it would have a nice pop.
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