Apart from that, it seems that it is not only the stock of VLCO that has been jolting these days. Turbulence has been shaking the seats of the company's board of directors as well.
An 8-K filed two days ago revealed that the majority of the shareholders had voted for the removal of three members of the Board. However, the majority board members argue that the shareholder meeting was not "duly called".
Nevertheless, while the company is settling the argument, market speculators are preparing for the coming session and the opportunities provided by the chart set up.