VELA 4day Steady Trending (up 35%) That Could potentially explode...back To Back Good News

 

Focus:

After some initial consolidation, VELA exibiting a pattern similiar to yesterday....

 

Stay on top of them as we are.....The strength here is a little different from recent head fakes in the last month...

Debate at/under flatline currently

Besides todays bullish news regarding sale of non focusing assets, recall bullish article from www.nbtequitiesresearch.com yesterday

Focus:

Well the turnaround that started latter last week with VELA expecting to be fueled further on new rpt.....Stock has been a letdown in March, but with increasing amount of bullish news, including the closing of acquisition earlier in month, this stands a good chance to channel back to upper end of intermediate term range .06 with a little patience......Lets not forget the explosion to .26 back in Dec when news first broke about the acquisition.......At this point going forward would have to say debate under .04 (vs under .03)........

New VELA rpt....Recall turnaround last thurs/fri....

http://www.nbtequitiesresearch.com/report/inv...redemption

By Tobin Smith | March 25, 2013, 9:01am GMT 1 hour ago

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