Sep. 14 at 5:10 PM
$VG is undervalued here. The reality is that day traders and shorts will affect the short term price action. The stock price is often tied to oil even though the businesses are not really linked. This stock will do well as it executes on its capacity to expand and remains conservatively valued due to debt. It s business is currently like 90% locked in with longer term contracts so its exposure to short term price variation is modest. Assuming good execution on the build out, this is a
$20 plus stock and really should be trading over
$20 by the end of the year. Day to day price fluctuation is meaningless even if it is frustrating and/or puzzling.
