I agree, there are always ups and downs in any stock....The main thing to realise here is that this time VLA is taking a major step forward if fda approval comes....
This will not be a bit of news that will make investors happy for a day or two, this will be a groundbreaking time in the life of vla....it should be onwards and upwards from there, step by step as vla moves through 2nd phase trial the sp should grow..IMO
Apart from that. Remember there are fewer than 600million shares on issue = (not many to go around, sellers will dry up quickly)..eg.. it didnt go back down to 4c like some suggested a couple of weeks back>>..
Long term with vla the sky is the limit....so I will be holding, hoping for the takeover later down the track and what will the sp be then???? Possibly somewhere between 50c and $5 who knows???? Good risk verses reward in my books, but as usual dyor etc
This could be an historical week for VLA, so good luck all..
cheers
VLA Price at posting:
91.0¢ Sentiment: Buy Disclosure: Held