Well 2019 was the first year that VLDI has not made lower highs and lower lows on an annual basis. The high was .10 and the low was .0061. Yes a very nice spread due to the .10 hit on one trade and it was quickly below .03 once again. So technically speaking on an annual basis VLDI may have broken out of its yearly downtrend. Really nothing to talk about other than the technicals since nothing seems to change other than maybe a reversal after 6 years of declines on an annual basis. Unless news comes out I will be simply waiting to see year end financials and how many more preferred stock they issued.
"Sarcasm is the last refuge of the weak mind". (Dostoyevsky) and "The important thing is not to stop questioning. Question everything" (Albert Einstein)
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.