I get excited about extreme Low Float stocks trading in this scenario, because I’ve seen the crazy moves they can make. It can be life changing for those who catch them!
We all know those supernova moves that we wish we would have caught. Well - Those are stocks trading in situations just like VRUS - post-RS, tiny Float, previously beaten down, pps trading low, debt wiped, and ready for a big reversal! - notice that I didn’t say anything about the business, because while that may act as an initial catalyst, everything else that happens in these scenarios, is a stock related move. The gains will certainly be intensified if the business starts making the right moves. But this stock is in for a correction either way, IMO.
VRUS is a brow beaten stock that’s been given a reset.
Post RS - much of the notes converted pre-split, and the share count is at its lowest
Low Float - Very few shares available to be traded. There are only 12M shares outstanding right now, so maybe 9M shares are available to be traded and that will be decreasing as people start figuring this out. Then as soon as volume ticks up...she’ll be gone!!!
VRUS has a current Mkt Cap of $3M - Revenues are likely 7-8 times that amount in 2020. - The market will realize how undervalued the stock is.
The debt should be substantially decreased - much of it likely converted pre-RS (wiped away, like it never happened)
A/S reduction is another catalyst
Any one of these catalysts can set this reversal in motion! And once it starts, it will happen quickly and violently without much warning. There will be very little time for people to jump back in and catch the big move. They’ll still come running and jump in, which will further intensify the correction and push us higher.
VRUS may be setting up as the perfect storm!
I’m more excited about VRUS the trade, this time around, than I was back when I was a 2 year Long, where I made more than I ever have on 1 stock. I’m not pumping and I don’t say these things without believing them. This is my trade basis. I added more shares today.
Everyone please, trade on your own Merits and do your DD before buying any position. Best of Luck to All!
-C
“A wise man thinks ahead; a fool doesn’t, and even brags about it!”
Proverbs 13:16
