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Monday, December 18, 2017 8:47:56 AM
unless there is an unexpected PR which causes significant price action, i really dont see anything significant till the first week of January (friday the 29th is the last trading day of the year; if the announcement is done after market closes, we will have to wait till tuesday the 2nd). expect a sloppy range between 15 pips and 30 pips due to two things:
1) people trying to get in before the 29th
2) range traders trying to make some monday day trading
therefore, if i was going in; it would be at or below 15 pips. i would get exited until i saw a close above 30 pips; otherwise its just noise.
(note: i started building my positions when VPOR was trading much higher and have been buying more as the price as gone down; hind site, i would have waited till it was in the 10s before i made the purchases; so for me, i am all out of cash to buy for the long-term (dont want to put all my eggs in one basket); however, if the price drops to the low 10s, i may pick up a few million for a range trade)
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