InvestorsHub Logo
icon url

sliderulex

03/22/11 1:50 AM

#56368 RE: glidingone #56367

Right now, VCTY is not a good swingtrading stock. I agree. But in the recent past, it was. Folks could swing trade for more than 20% per trade, and often did. Sure beats holding long and seeing nothing for it. But perhaps when financials or a decent PR comes out, the pps will rebound, and it will, once again, be a good swingtrading stock? I do not believe it is a good long though. The fundamentals don't seem strong enough for justifying a long position, though I hope I'm wrong.
icon url

blue_ralph

03/22/11 9:39 AM

#56370 RE: glidingone #56367

First of all VCTY's IR specializes in M&A, and I already knew because of VCTY's sale of ASCC, that they were open for another merger, if not two, When I saw the O/S increase on February 17th, I am sure that those shares are not free trading, but restricted for now, for a possible merger or two, I believe the float is still less than a billion, and the float is current free trading shares in the market, and speculation of a possible merger, and then completion of that merger will bring in such volume, THAT IT WILL MOVE! You just have to know when to get in to maximize your profitize? second of all, look at NWTT with a 5 billion O/S, moved from 0.0001-0.0009, from January 14th - January 17th on completion of a merger, and volume of over a billion.