With this total lack of volume it has been very difficult to determine which way VLDI will break out, that is if it breaks out at all. Last Thursday we saw volume of about .8M and the buying looked like it might take VLDI over the .0105 resistance hurdle, but there was no follow through on Friday and the volume retreated once again below .5 M with only about .2m shares trading.
VLDI currently still trades well below the past average volume of last year's 1.8 M. With Friday's volume dropped to about .2 M and yesterday's about .2 M only about $2,000 is being traded daily.
The question is whether this lack of volume is a good sign or a bad sign. With no news in sight, and Q3 winding down, it looks like Q4 will either make or break VLDI.
The important thing is not to stop questioning. Question everything (Albert Einstein), because Fools rush in where wise men never go!
