Sorry reseller guy, I accidentally gave you a thumbs down when I meant a thumbs up. My iPad is not built for thick fingers.
So please take my unintentional thumbs down as a thumbs up.
Every time enough shares are available thru Stop Orders the orders are triggered and someone(s) pick them up. This happened yesterday and again this morning.
This is a sure sign of accumulation, patient accumulation over a long time.
Btw. Bocamp, you can skip posting a snarky comment about my post. I'll just assume you made one. And if you really cared about the other Vaso longs you would sell your entire position immediately. Your ownership is holding back Vaso appreciation.
While anything is possible I don't think Vaso is going private. Also it is a process that involves a number of things such as fairness in price.
My guess is that Ma is trying to grow the company, put it on a sound financial footing, and, hopefully, get more approvals for eecp..
It is taking time but Vaso was on its deathbed before it was given resuscitation by the sybrniks and GE. I will wait.
Slip, good post. A lot of investment and trading strategies don't apply to a stock like Vaso. Vaso is a high risk/high reward stock. Complaining about quarterly earnings is useless. The future of eecp is the REAL kicker and that is what I invested in Vaso for.
The GE contract gives Vaso a lifeline while it works on wider acceptance of eecp which will most likely require more FDA approvals. In the meantime I hope management will hoard cash as much as possible. If GE decides to not renew the sales agreement when it next comes up, Vaso is dead. But I hope there will be positive developments before then.
To some extent, I view the lack of news as appropriate. Management must be very careful about making any forward looking statements. When something of substance occurs, the news will probably come out of the blue.
Now that was not very nice. If that's what losing money in the stock market does to you maybe you should stick to less stressful activities.
If, as it appears, FnF need a new infusion of cash, can the gov't go after each shareholder for their pro data share? It would only seem right since they are the owners. The only other option that makes sense is for FnF to declare bankruptcy. At least then the shareholders would be off the hook. They would just lose their investment which is, of course, fair.
Obviously, the taxpayers should not be charged to bail out a bunch of slimy speculators.