The term 'FEB. 2 VIP' refers to the annual Groundhog Day celebration in the United States and Canada. On this day, a groundhog is observed to determine whether or not spring will come early. If the groundhog sees its shadow, it is said that winter will last for six more weeks. If the groundhog does not see its shadow, then spring will come early. Groundhog Day is celebrated on February 2nd each year.