Zeev's Turnips Patch-No Politics (ZEEV)

[mlsoft]

Alex....

I sold VTSS late yesterday afternoon during AH, at 1.37. I like the stock for a bounce back to 1.50 area or a little above, but it died the past few days and I did not like the way it was acting on the tape. I was looking through some intra-day charts after the close yesterday, and decided it was time for it to go.

I still am leaning to a selloff continuing through early next week, followed by a bounce back to just below 1400 or so, then down to new lows. I might give it another quick whirl if it gets back to the low 1.20's just because they have been running the junk recently, but VTSS has not acted well the past few days.

I was looking at MRVL last night - it is very strong today from its earnings (good revenue numbers, but with the typical very large charge-off to make the fictional numbers. Have you looked at their balance sheet lately??? Their real book value is just a fraction of stated book value - a ton of hot air there. I am looking for an entry for a short.

Take care and good luck on VTSS.

mlsoft