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Vonage Broke $9 (in the right direction) - $10 possible?
Vonage® VoIP Forum - Vonage News, Reviews And Discussion
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Vonage Stock
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bhuskins
New Forum Member
Joined: Sep 01, 2006
Posts: 2
Posted:
Fri Sep 01, 2006 11:07 am
Post subject: Vonage Broke $9 (in the right direction) - $10 possible?
As of 11 AM central time
Vonage
peaked above $9.00 to $9.06. What gives? Anybody know what is spurring this?
Is $10 on the horizon???
BigTime
Vonage Forum Senior
Joined: Jun 15, 2006
Posts: 111
Posted:
Tue Sep 05, 2006 2:07 pm
Post subject:
It is called a "pump and dump." The insider buys triggered short-term buyers who thought the news would send it up.
These buyers, however, were never interested in holding on to VG stock for more than a few days. That's why the stock is plunging right back down.
nognog
Vonage Forum Associate
Joined: May 31, 2006
Posts: 17
Posted:
Tue Sep 12, 2006 1:49 am
Post subject:
And down...shorts are making money so do not be to optimistic.
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