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Monday, March 21, 2011 11:15:17 PM
Where is this demand going to come from? VCTY's Share Structure is huge...
Why would someone pay .001+ for this stock?
The only reason that stocks hit support levels and bounce is because folks want to buy it based on some sort of facts, speculation etc... and are willing to pay a premium (ask+) to get it...
They would have to turn over a lot of rocks to find that many gullible folks with that much money to buy into VCTY.
Need I remind folks that this is a 4.7 Billion (with a B) OS/AS stock? with an unknown float - estimated at 450 million - perhaps at a billion now by our own reasoned guessing.
That is the issue with flipping/swing trading etc... It only works if there are others holding longer and willing to pay more and more... This is a stock that has gone straight down for 6 months+ ... this is not a flipping stock anymore because there is nothing good occurring here with VCTY at the moment & VCTY has done nothing positive for this stock PR-wise in months.
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