Jul. 29 at 1:20 PM
$VCYT Counting after-hours, volume on 7/28 was 11.6x 10-day average, and traded within a 3% range all day, settling on the close down -0.91%. Insane!
It effectively went almost nowhere on insane volume. Lots of trading interest, lots of uncertainty. Either a huge amount of churn or 1+ large sellers and 1+ large buyers duking it out.
Something is up. Perhaps a stalemate in sentiment amongst some large players. Either that or massive day trading, though it seems like an odd stock to attract that portion of the market, IMHO. Perhaps related to the Smallcap 600 index addition.
I'm stumped, but regardless of short-term noise, this company is under-valued. Another performer getting their house in order to prep it for future growth (similar to PSNL, though not as far along that process internally).
