Viper Networks Inc (VPER)

[mnjones_son]

I love reading you guys' posts. It doesn't matter which board you are on, longs talk as if every stock is going to make them millions. Facts don't seem to play a part in their dreams. Yes, I believe VPER will make us some money. However, you can't determine that by looking at the chart. Penny stocks are so manipulated by the MM's that the charts only tell you two things, and both of those things depend on the stock being mostly dormant for a period of time: 1) Is there a recent upswing in volume that indicates the stock is about to be promoted or that insiders know good news is about to come out, 2) If there is a volume increase, is it enough to cause a breakout, and is the breakout building. With a stock like VPER, which has been moving for a while and has enough volume to hide promoter and insider buying, the chart means nothing.
One thing drives penny stocks: attention. That attention can be generated by promoters, news, buy recommendations from selected (supposedly independent) researchers, or nowadays, lots of tweets. Also, there aren't enough long-term investors in penny stocks to drive the price up--you must have traders, too. The good news is that things are changing a little. Today the best traders will stay in a stock for a couple of weeks or maybe a month before they give up. The internet is making communication between the companies and the investors and traders so easy that everyone knows when attention-generating news may be coming. Some traders may have decided to stay in and wait. This is the case with VPER. Just as you longs are waiting for the good news, so are the traders that aren't in. They are watching and will buy when the run starts. If that is this week, it may create a short squeeze and generate some good profits. Lets all hope.