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VRS (Verso Paper Corp) Would you buy into it?
So, after some news today that they are acquiring New Page Holding, the stock soared, and closed at 3.21 off of a high of 3.55. Now, I do listen to Jim Cramer fairly often, and one of his tenets is to buy into dips off of new highs (which this is). Now obviously I wish I would've seen the news as it was happening, and tried to get into the position early to try to make a profit on that rough tripling of the price, but now the question is, do you think there's enough upside left, to make further trades profitable?
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