Definitely not trading freely right now. Being stepped on by big $ players for the sole reason that they CAN step on it and make $. They short it into the $2's I'm betting . Then cover and go long to the $4's again. Good work if you can get it.
I agree. Trading like it's going BK. This stock is OWNED by the players. They'll do what they want with it. Earnings, etc. do not matter with some stocks, so firmly are they in the grasp of manipulators. You'll drive yourself crazy comparing VG to other co.'s stocks etc with lesser or similar earnings. It doesn't matter. They're ripping this into the $2's. After that you might get a bounce.
The 50- is about to go almost vertical from $1.75 where it is now to catch up to the stock's trading range the last few weeks above $2. Soon the stock will either get squeezed up by the line or it will have to trade back down below it. Without sell volume a violent move higher might be unavoidable. Worse things can happen for longs. But I hear you. I'd rather have the long-slow climb myself as well.
Yeah could be a Double Bottom setting up. But the question is the Market in general. What does May to November look like? In 2008, NO STOCK was safe. Without QE, the Market is vulnerable. Previous earnings behavior in VG during the 2009/2014 QE-run might not apply this year.
This stock was breaking out in November and now looks to be heading down to 50% of it's price then. #$%$? I found it on IBD highly rated. Technically VG is on life-support. Bad luck followed by bad moves.