The stock was apparently a new issue this week after considerable research and development.

I wouldn't have held it over the weekend at any price after making 150% on it, but that doesn't mean I won't try to pick it up again monday at around .45-.50.

So here's my review:

I put in a limit buy at .55 day before yesterday. But Scottrade has this as a "restricted" stock, requiring a telephone order. By the time I got an agent on the phone the stock hit .95 and I backed away.

My paper trade worked from Tuesday morning to Friday morning… 3 days 150%. But that depends on having both the timing and the right broker. The timing was excellent… Scottrade pretty much trashed the timing.

I expected a large pop on the announcement of your email… but not as large as actually happened.
The second pattern I expected to developed happened on Friday morning. VDTI dropped from a high of 1.04 to .44.

Friday is a treacherous day to buy Options and other hi-risk stocks. The best logic I can see for this is that many traders share this view and avoid holding "over the weekend" when they have a couple of days with no control over the investment.

The other issue is the result of the announcement and your readers effect on VDTI . I don't know how many subscribers you have. but between them and the announcement of the FDA approval, and the introduction of an IPO the response was a pretty typical "Pop and Drop". Yahoo Chart
When an average volume of 949,706 spikes to 7,655,056 shares traded, exciting things happen.

The "fear of loss" moves more people than the "anticipation of gain". What I have never been able to clearly understand is, when a 10:1 spike occurs, is it driven by fear or anticipation? This chart would indicate Some of each.

Last, but not least… After a great 3 day run it was time for some to take profit. Which happened today.

We'll see what happens monday.
References :
Michael Cohen
doublingstocks.com

This is the first week I've received his newsletter. It blew me away!