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  • jforuus jforuus Dec 4, 2011 12:39 PM Flag

    Anybody doing TA on this stock?


    There is more pain to come.

    All you need to know is that sideways action on this stock only spells one thing 9 out of 10 times! (especially in a downward trend that tends to last several years)


    We have been duped by Kanode and Company about VANADIUM. They mislead us with Vandaium time lines. Needham screwed up, again. I have lost faith in their valuation they are bad as Goldman Sux who just rapes you normally from the IPO if you buy at the open market price.

    I guess its back to the drawing board to hunt for sold picks which isn't that hard. To think I gave up SBUX and OII in January who by the wway are on their break out trend.

    I did pick up a little schnitzel of VLNC @ $0.85. (I am a crack head, like some of you :) I stopped buying with my money and only with their money at this point.

    Getting out at $0.90 will be a pretty decent pps at the moment.

    12.5M short...from the TA part of it ..$0.45 seems to be the new target.

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    • Ofcourse I am not selling my shares because that UPS $7.2M will extrapolate to larger contracts is the vision I have.

      Seems like from the TA part the sponsors have been accumulating for the last 2 mos.

      ATR is @ $0.0618 for 14 day span, $0.76 would be the next buying interval if you were a day trader. But what do I know except that many investors have slipped into the night of oblivion or to Peter's gates waiting for TEAM VLNC and the economy along with technology.

      Everytime I walk by a bus and I am almost drowned in the toxic fumes it reminds me why I believe in alternative energy but perhaps we are 30 years ahead of the curve. Time will tell.