VCR will definitely get back what it lost, difficult to say whether it will happen in several days or several weeks.
Next support is in the 60-65 range. But there may be a rebound, I guess we'll see on Monday.
If it went below 0.58c then we would have the incredible situation where it will be at its lowest point since Sept. 25th, 2002. This was about 9 months before their first ever implant in a trial!
Yet we now have a company which has achieved probably around 130 or more implants by now, has go-ahead for massive trials in the states (the only company to be this advanced for a 3G device), appears to have a 4G device in advanced stages development, had a record revenue in May and is now getting revenue for all devices sold.
What is wrong with this picture?
However every time it gets oversold like this there is a 50%+ rebound round the corner. Will be interesting to see SP action over the next month, especially as we can expect a string of positive announcements.
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ventracor limited
VCR will definitely get back what it lost, difficult to say...
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