GREY:CVHIF - Post by User
Comment by
brentski99on Jul 14, 2020 1:17pm
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Post# 31266277
RE:TOO MANY RETAIL HOLDERS
RE:TOO MANY RETAIL HOLDERSBgptr1234 wrote: The truth is that there are just too many retail holders of VCAN
The big money wont run a stock that they dont own all of
If you look at the companies that relly pop there is very little retail owners
Just look at TCAN bullboard other than yesterday there were no posts for a long time
which means no retail or very little
this board is pumped daily and smart money will stay away till we get sick of waiting and sell to them at low prices
I admit this is not a deadfast rule of thumb but ive seen it over and over when something pops
as buffet said
THE STOCK MARKET IS A WONDERFULLY EFFICIENT MECHANISM FOR TRANSFERRING WEALTH FROM THE IMPATIENT TO THE PATIENT!!
I do think this will move one day and i can wait for that day but it wont be soon
JMHO
There has been steady buying for quite a while at low levels. I didn't buy more than 300,000 shares in the last 6 months and I don't think Bigdaddy didn't either. There have been a few million shares bought this year so someone has been accumulating. I agree though it is a bit too early to expect much in price appreciation. Not until after rehab disposal will we see much at all as it is the biggest negative influence that holds us back. If done as expected the cash burn is basically gone and a clean start will be underway.