VIL/GGP: If these shares plummet on the open, I'll be buying more in an instant. It seems the initial bad reaction this mornings has totally ignored a crucial part of the announcement: They were measuring the flow rates using a 6/64 diameter choke. From posts on the VIL thread, this means the diameter of the flow nozzle was six sixty-fourths of an inch - less than 2.5mm! The reason they measured it with such a tiny aperture was to avoid damaging the equipment.
As they continue measuring the flow rates, they'll probably allow the flow to increase with larger chokes - and more accurate results will be evident.
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- daytrade diaries... february 11
daytrade diaries... february 11, page-26
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