Wednesday, January 27, 2010
VIPR - After One and A Half Years..... Is The Selling Finally Over?
VIPR, VIPR Industries, Inc., after months of distribution VIPR is showing signs of accumulation. Could the 1 and a half years of dilution be finally coming to an end? Can this stock finally show its true value in the market place without the threat of an ever expanding share count? We will soon find out.
Today's record volume day pushed the stock higher by a 30% clip. If the volume continues this stock could see $.002 in short order.
Here is the 1.5 year chart of VIPR. Notice the increased volume coinciding with a rise in price per share? Also the accum is off the charts.
From here on out I'd like to see less volume create a rise in price. That would be evidence share dilution has ended.
Today's record volume day pushed the stock higher by a 30% clip. If the volume continues this stock could see $.002 in short order.
Here is the 1.5 year chart of VIPR. Notice the increased volume coinciding with a rise in price per share? Also the accum is off the charts.
From here on out I'd like to see less volume create a rise in price. That would be evidence share dilution has ended.
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