daytrading nov 30 morning, page-75

  1. 5,331 Posts.

    Giz, as you know I have been a bit supporter/holder/trader in VRX previously, after watching what happened to MZM yesterday after results failing to match expectations, I have become a little wary in regards VRX at this shareprice the results would want to be good or it will have a similar fate to MZM.

    one of the biggest benefits of tightly held stocks is also a major drawback, will be very hard to exit if exploration news doesn't live up to the hype.

    that being said, back to the old mantra, just trade the trade, the move over the last couple of days in VRX is interesting as it has a habbit of moving just before positive exploration news.

    i'm staying clear of VRX at the moment, because a trading halt could come at anytime.

 
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