Re: Great price action on VLE
Having been long since 38 cents and seeing the 52 week low at 42.5 cents, I chuckle somewhat about the tax loss selling worry.
On average, I think the biggest volume of shares over the year traded hands between $3 and $4.50 but I suppose someone can find that out. I’m sure there are some investors underwater from the $5-$7 range.
Meanwhile, there have plenty of opportunities for holders to lock in gains or losses....the lira scare, the license rumour, the flow rate “disappointment”.
Overall, I think short covering and accumulation will likely overwhelm any tax loss selling.
Bfw