todays announcement signals a major turning point for VPG in my opinion. Confidence has returned to the stock with a flurry and being way undersold, the SP will continue to rise. Most people are convinced now that the worst of the crisis is behind us and VPG has now provided solidarity to its perceived weak spot - Europe.
We (i included) have been rubbishing VPG management over the past 6 months, but they have finally come up with something worth a pat on the back.
VPG seems in my opinion to now be a secure company and the SP will come to reflect this.
IMO 10 cents is still dirt cheap for this stock, and we will see teens very soon.
Cheers.
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