Not a bad week for VBA. Market down 2.4% and VBA up 7.2% (3rd best performing stock in the 200). With all this mixed global economic data and a tough month ahead (i'm in the camp that believes the market will correct 5 - 10%, as the market has definitely got ahead of itself based purely on expected earnings)it will be interesting to see how VBA holds up. If the price action on Friday is any indication then VBA is well supported - there's more than just day traders driving VBA's share price. I'll certainly be buying more on the dips. What does everybody else think?
VBA Price at posting:
44.5¢ Sentiment: Buy Disclosure: Held