With sincere apologies to HRC and any of my friends long on VAPH, I wouldn't even call this a short squeeze. A squeeze, given this float, would have been stunningly dramatic--perhaps up to the $60 range. Instead, that it hasn't closed above $40 surprises me. Whether it's a mark of lack of interest from longs or simply a limit on the number of shares available to borrow, I have to admit, even I, the happy typically bullish kitten, that VAPH is tremendously overvalued at this point.
Sure, I might be wrong and the company's products may make it, heck, a $500 million company, but my friend longs I hope your stops are tight. Remember, if you jumped on for the ride up for the split, that the split's almost here. Don't try to wring out every last dollar. Leave some money on the table. Manage your risk.
I've seen wackier things in the market, no joke. But if VAPH was risky before, it's a box of rattlesnakes right now.
To tell you the truth, I own a penny stock I think is worth more than VAPH. It's been profitable 2 years running, has doubled its sales every quarter, and STILL hasn't broken a dollar.
That VAPH is where it is could mean I'm a bad judge of value. I won't deny it. And remember: I did okay going long w/this puppy.
Just keep those stops tight. Whatever else is so, even considering the split, VAPH won't be worth even half of what it is in a couple of weeks.
Kittenofclouds, Some of your points are interesting and they would be fun to explore and debate. However, since you've been gone this board has deteriorated to that of most if not all message boards. It's become "to the moon" vs "company is a scam" type crap. Add two parts crap yellow journalism and you now have our new frat house:
Phi Slamma Jama
So I'll have to ask you to refrain from logic and thought... we are now in Jama-land.
Actually, you will do fine eventually, when the music stops and this thing goes to zero, after the insiders have cashed out. But until then they have you tied over a barrel, and they are rolling you through the streets of the town.