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Charts and Metastock: |
The company is valued trough the price of just 268.100 shares. That's why it was almost $5000 a share in the year 2000 (beside all the insanity of those times). And probably that is part of the reason it went from $3.99 to $18.5 in just one day, about a month ago:
The
company's market cap is just about 2 million USD. It's value changes a
lot, so this is a very risky play, only for the brave.
The
volume is awesome, and that's a bit strange, the stock is changing
hands almost 10 times its float. But I can't think too much about
fundamentals, that's not my game - I'm a speculator, not an investor.
Today I will speculate VEXP will go higher, possibly a lot higher. But, as always, just putting 6.66% of capital in this play. Buying at the open.
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David Randolph
www.3stocksonfire.org
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