Vilacto Bio Inc. (fka VIBI)

[why_meil]

I took a starter position of VIBI on 3/27 at .0022. Sold it all 5 trading days later on April 3rd at .0049. Made a 123% return on no news. I think the high that day was .0053. Problem is I took all the proceeds of the April 3rd sale and bought back in at .002 last Thursday. Still holding all of it but already down 26% in 3 trading days. I think I bought back too soon lol. But I do love the volatility. Beats watching corn grow like some of my other plays.

In my opinion chart technicals don't apply much to penny stocks like they do with blue chips or S&P 500 stocks. But price usually follows volume even with crap stocks like VIBI.

My opinion.