I disagree Pennynut. I think it is all about timing. There is a huge amount of trading going on in this stock and my view is that while i think the story of this stock is very compelling, I don't think there is going to be another announcement for a few weeks. In that time I'm pretty sure I am going to be able to pick up shares more cheaply. I have been in and out of this stock and every time there is a good announcement, the sp skyrockets first thing then comes off significantly. This is due to timing. It is going to be quite some time that they will be making a profit and in between there can be many external market factors that could see this share at low 3's. I might be very wrong but I think the big month for this stock is going to be April and I will vbe looking to get back in in the next few weeks in times of weakness. Why would i buy back in now when they have just released such a good announcement and know that apart from a possible financing package (which could push the sp down no matter how good to the deal-look at BCC)that there won't be more news for some time.
VIL Price at posting:
3.8¢ Sentiment: None Disclosure: Not Held
