RE:RE:RE:RE:RE:RE:RE:Hmmmm...not a good feelingThe decline in share price has very little to do with the decline in the TSX venture. There are good companies that are executing and have shares that are performing very well. The shares of VFX have declined DRASTICALLY! We're not talking about a little decline here...it got cut by 60%. At this point it's not just "overpromising/underdelivering" -- I believe the market hardly trusts management.
If you want to give VFX excuses, go ahead. The upside is Virtutone prints 4 cents next year...the shares would then be worth between 20-25 cents (no one would pay more if the company does not get the line of credit). But the risk is significant - the company cannot actually expand margins (look at Tellza) or has a significant customer default.
I know at least 10 better small caps stocks where I can make more money...I'm moving on. It's not that I don't think there's much upside here (20-25 cents would be fantastic), I would just warn against falling in love with this company.
Let's just see what we get for Q3. I could be entirely wrong.
And if they ACTUALLY get that line of credit, I would be a (big) buyer.