Verus International Inc (VRUS)

[Coachshot99]

Sorry my accuracy on this downtrend has you frustrated. I spoke to a long from Lars group on the phone for over an hour last night and I shared with him this...

The swing point is .012

That’s what my eyes are on. However the close yesterday was .001 away from signaling a reversal. So YES!!! The short term indicators are pointing in both directions right now which is very rare.

That puts smart money on the sideline until the dust settles which truthfully could be 30 mins into trading today. If we get aggressive downward sell pressure again, then I believe .012 is gonna get hit very soon.

But if volume dries up compared to last two days then the retail shake down might be over and then I believe we reverse course over the next few days.

But that reversal will be slow as Monaker is still selling shares. Mark has made it clear to me that he believes most of yesterday’s action was retail. I found that comment very interesting.

On a positive note, I expect this to be back near .02 by Christmas and I expect we hold .02 leading up to the 10K in late January.