In the last update I laid out all the basic DD on why this will most likely end up like
The company released an update for the first time earlier this month, the first time in 2 years stating they are working to go current and provide updates and they have been dropping filings the last few days.
otcmarkets.com/stock/VMHG/news/Shareholders-Update-for-Victory-Marine-Holdings?id=289249&fbclid=IwAR2equuVCTs5-fNKfCyqNoelB94HE5PUaCs_wky89dpi_wQ_WdX-L6_GuXc
Accumulation line has also gone through the roof and it is basing nicely around $1 before it begins the next move up.
Website: victoryyachts.com/
Twitter: @Victory_Yachts
Instagram: instagram.com/victoryyachtsales/
Pinterest: pinterest.com/VictoryYachts/
OTCM: otcmarkets.com/stock/VMHG/profile
A more in depth DD compilation is in the attached related idea.
Not included however is what was found recently that they have been tagging not only
These are billion dollar companies on NASDAQ and NYSE.
It doesn’t take very much stretch of the imagination to realize that they may announce some kind of partnership or merger with these marine industry powerhouses.
Also not included is just how short the shorts are on this stock. It is MASSIVELY shorted. I do anticipate a short squeeze once $1.25 is broken which should be this week.
Long term PT remains $10ish
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.