Blogged about Vard on not to go long at the price when it was trading at 0.87/0.875 yesterday and indeed, today it suffered reactions and reached a low of 0.855. When retailers and traders are chasing furiously, it's only wise to book profits and refrain from following their buying activities. When they stalled their buying activities, there is only 2 possibilities, one the stock needs a breather or two the stock is due for a reactions and in the case of Vard, it suffered reactions.
http://stockmarketmindgames.blogspot.sg/2014/10/vard-breakout.html
Ronald K - Market Psychologist - The Big Speculator
