"Brain ; Do you think this P.R. changes the landscape here a little bit? I'm not so sure she'll get back to the low 1's anytime soon. what do you think?.....bulletjoe"
Yes Joe it does to a certain extent. This is a fairly good little contract for VCMP but it is not nearly as good as VCMP trys to make it seem ...if you read the PR over a few times. None the less it will have elevated the playground up by about 20-30 cents (Once reality totally sets in) from where we were yesterday, but the play remains the same for me at the present time.
Until VCMP can shave at least 50 cents off it negative annual EPS it has no hope of being taken seriously. Too many people have been burned by this stock over its life of failures and broken bank accounts, so it will continue to be treated like an old whore on a street corner until such time as it proves itself otherwise. That does not mean the PPS won't rise somewhat.It just means it will continue to make $1+ on the pump and dump swings for every 10 cents of new foundation. Of course the 10 cents is on the assumption it will show real improvements in its revenue stream...and that is a big assumption... but the $1+ is given either way.
Does not matter to me one way or the other. I play the cards any way they are dealt.
that is the pissant retail shorts, not the large group/fund naked fools. or are they fools if they got short at the high they ran this down today and don't know what the next three days holds Maybe Fingerhut is short and is filling tomorrow