The SP is just above the .042c it hit on the spud announcement. We are really just above the trend line that took a sickening dive a few weeks ago.
All stocks have a personality and this one is a manic depressive.
We have seen much more of the "depressive" behaviour so far.
Even the most most cynical on HC has to be surprised by all the positive results coming out from the drill and yet every great announcement has seen a very severe re-tracement
Sorry for the phyco babble but I for one was crapping myself for investing heavily at an average of .029c and then seeing it go to .018
Way too much red after a terrible 2009.
Anyway the point is that, IMHO, we are about to see VIL show it's manic side - crazy price action that is going to make holders blush.
I have seen stocks double on oil shows or the faintest sniffs of gas. Or MOU or anything but this is the real deal.
Today they said that their 3rd gas strike was over 175feet and the SP goes up not quite 15%. .
Think about it. Just before and on spud ie no idea what was down there the SP hi 42c.
I for one and I reckon all those who have held over the last month or so , have to be feeling relieved .
But now I am getting very excited .
Bring on the mania.
VIL Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held
