VRE pulled back a little today. Looking at the chart it seems to me that if it breaks through 0.088 it is likely to drop back to 0.077 or thereabouts.
Taking into consideration that:
(1) The huge number of shares (100 million) bought for 0.04 and released only recently may be mostly washed through the system (but still be holding back growth a little)
(2) That Nickel is likely to rise again tonight.
I'm thinking that the balance of probabilities is that it won't drop to these levels.
Does anyone have any contrary opinons? Do most people agree with me? Does anyone but me care?
- Z
VRE Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
