Videolocity International Inc (VCTY)

[georgegreen]

Today is going to be huge volume and increase in pps , almost 25% of the float (available shares in play)were traded.
Certainly some that bought at 008 range took profits and these shares are now in stronger hands looking for .10 plus to sell.
We saw NO sell off in the afternoon , we did see a pathetic shake from the market makers that need to cover their short position and to put it in perspective we traded $330,000 all day and only $2,000 took it down to .0135 , that is market manipulation , and NOBODY fell for it.

I have been trading this since February and my opinion is we had either insiders or institutional buys yesterday , it was different than usual.
This week will be huge , we all know the merger is going through and we all know the assets and profits from this merger will be made public this week.

This could certainly run from here to .07 to .10 in one day , much more if they have audited financials , then .50 and up as thats about book value.