posted on
May 20, 2008 02:28PM
I may be wrong, but I thought Eric put out a buy recommendation on VIT over a year ago when VIT first reported stellar drilling results at Cove McCoy. If I am correct, any favorable comments by Eric currently are just re-confirming his buy recommendatation made over one year ago - thus the increase in volume today is unlikely due to his favorable comments. Most of you are not technically orientied, but the real fact is that we had a bullish break out from a triangle formation - that, in and by itself, could be responsible for a lot of traders getting a buy signal for VIT - which of course, would be responsible for SOME of today's volume upserge. Please correct me if I am wrong.