NASDAQ:VRML

Vermillion Inc (VRML)

0.41
-0.00 (0.00%)
as of Jun 23, 2026, 12:00:00 am Market Open.
28 watching
0
COMMENT
Wants to like it, but hasn't seen any reason to. They made an acquisition of Spartan in Saskatchewan to diversify their asset base. The fall of Canadian energy has weighed down on the stock price. Wouldn't buy it today and would buy pipelines instead. They pay a good dividend and doesn't foresee it being cut.
COMMENT
A good, well-run company with a sustainable dividend, but you don't want an oil company paying a big dividend. Rather, they should invest that money in drilling.
DON'T BUY
They have both foreign and Canadian oil assets. Investors like the former, but less so the latter. She hasn't bought Canadian oil companies because of takeaway capacity (lack of pipelines). That said, Vermillion is better-positioned because they hold assets outside Canada.
SELL

Chart shows it was in a slowly dying down trend, and had a nice break out at the beginning of the year. It then pulled right back. Stocks can swing around a lot. No pension manager or large institution is going to trade a $2 stock. You are generally at the mercy of retail investors. Sees a weakening pattern and at best it looks neutral. If you made some money, he would consider moving on to greener pastures.

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