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Tuesday, July 24, 2012 4:03:08 PM
Not too terribly long ago, VPER had a beautiful chart. All indicators were that it just had to go and there was no way it couldn't. It stayed that way for like 3 weeks and then the chart broke and we went backwards again. VPER has had some very nice charts all indicating a run/breakout in recent history it just never follows what the techincals and charts say it should. Some say that is because of shorters, some say that's because no one knows about VPER which is absolute hogwash, some say it's a lack of interest.
I believe people are leery of VPER because of their long history of signing LOIs and all their mergers that never happened, and now they are promising more money in acquisition/merger payments than they have capitol/funds to pay. Oh and the shorters are hitting VPER hard too. They are the ones who are making the most money on VPER right now.
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