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VASCO Data Security International Inc. Message Board

  • mgm2020 mgm2020 May 1, 2013 12:28 PM Flag

    All 3 moving averages have converged and will act as support...

    10, 50, and 200 DMA's will all act as support for the stock price here to hold it at least in this area. This drop makes no sense with the stock being upgraded twice in the past week and the company reporting solid earnings, a beat, and strong forecast. Oh well--that's the fickle market. But so far in the past few days I have added another 4000 shares here and may add more--because this stock will be back up at least in the $8.70 area soon and should be back above $9 within a few weeks.

    Sentiment: Strong Buy

 
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