RE:RE:RE:RE:Vermilion, rumoured saleQuintessential1 wrote: What is your opinion.
Mine is VET is the better buy.
GLTY and all
Pandora wrote:
So knowing what we know about the two companies which would be the better bet right now?
500 shares of T.VET or 11,000 shares of V.CEI?
Not asking for investment advice -- just wondering what opinions are saying.
For some reason I always tend to lean toward quantity as opposed to quality but maybe that's because when it comes to dollars I don't have a big quantity. :-))
So I was just looking at the amount VET has bought into CEI and what influence that might have on the future for CEI.
11,000 shares of CEI being equivalent to 500 shares of VET at today's prices makes me wonder if a double is more likely at 77 cents? I guess that's a simple arithmetic approach but it always hits my mind in looking at things.
11,000 X $1.54 = $16,940 or 500 X $33.88 = $16,940
Which one is more likely to occur? i.e. how much is the building VET interest in CEI going to influence CEI's price or vice-versa?
As well having 11,000 of something always seems to suggest to me that it gives me a little more flexibilty than having 500. Maybe just ignoring the quantity of shares and just dwelling on the dollar amount makes more sense --- from a quality point of view??
Simplistic approach but I always dwell on it. Probably why I have too many small caps in a rough market.