PINL:VLTAF - Post by User
Comment by
ALLEN4on Feb 28, 2013 11:12pm
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Post# 21059825
RE: RE: well another 10,000 @ .29
RE: RE: well another 10,000 @ .29 I don't remember, but it would not surprise me to know that I suggested that you are getting a bargain at 60 cents a share. I stand by that comment. As a matter of fact you are getting a bargain with shares at $1.60, and dare I say $2.60. Of course if you can get the shares for less than 30 cents go for it, and I will join you in buying them at lower levels. But the confident expectation that the shares are somehow overpriced at 30 cents and that they are going to get cheaper, that irks. The people and institutions selling at these levels have no appreciation of this company and its value, and probably had no business being a shareholder in the first place. If you want to take your lead from these people and these institutions be my guest, but I would have thought that most of the posters on this board are smarter and more knowledgable than the guys throwing VTR into the trash can at these prices. If you believe that the market eventually catches up to value and if you believe a reasonable value for VTR shares is $3.00 at least, why sit there are your hands waiting and hoping for the price to go to 20 cents; 30 cents is plenty cheap enough in the big scheme of things, for *&&^%%$#'s sake.