Voltalia Ord Shs VLTAF

NO LOVE FOR WEST AFRICAN LOW GRADE

[banx]

Fund disposition continues and stop losses are being triggered.

As the price falls, we're getting closer to a bottom--whatever that is.

Brutal!

Some long time pros are scratching their heads for sure.

If you believe in cycles, you should be okay.

History continues to repeat itself.

[VentureTrader1]

Hate to point it out, but there's no support on the chart until about .15 - 20, which was the level coming out of 2008, prior to the intitial institutional investments that happened back in 2009.  And of course below that there's very solid support at 0!   In any case, I suppose at this point it doesn't matter.  Anybody obstinate and foolish enough to hold on this long

[Bpultra]

this is not helping

[VentureTrader1]

Couple of months of really negative price action is all it takes to switch market psychology from positive to negative.  Fiscal cliff, German repatriation, Asian demand, record US deficits and debts, record European deficits and unresolved sovereign insolvencies, 85 billion/month in outright monetization of debt by the Fed - who cares?!?  POG is down, so all that stuff must not matter

[gold_diggers1]

VT1 - "....Hate to point it out, but there's no support on the chart until about .15 - 20, which was the level coming out of 2008, prior to the intitial institutional investments that happened back in 2009....." . Well, you see.... BP, ALLEN4 and I thought my buy at $.305 was a great buy?! . That aside, does anyone (hello, ALLEN4) remember during that 2008-2009 downturn, how did VTR

[VentureTrader1]

I'm going to shoot for a capitulation intraday crash (big institution bailout) of .22.  Glad I cancelled my .45s and .37s so long ago, I'd be choked if I'd bought those, but .22 on straight down knife drop seems like as good a place as any to cap off the craziness.

[VentureTrader1]

...not expecting it today - maybe early next week...  Today's probably futures delivery notice day - doesn't hurt TPTB to bust the price to discourage longs from taking delivery.

[ALLEN4]

We are down a penny and a half today;  not a huge deal;  the problem is not that people are selling;  there will always be sellers and people who want out and want their money for whatever reason.  The problem is that we do not have the market environment of the specifics of an exciting enough story in VTR itself to stimulate some buying that would counteract the selling, such

[ALLEN4]

We are down a penny and a half today;  not a huge deal;  the problem is not that people are selling;  there will always be sellers and people who want out and want their money for whatever reason.  The problem is that we do not have the market environment of the specifics of an exciting enough story in VTR itself to stimulate some buying that would counteract the selling, such

[VentureTrader1]

From 2.60 to 2.9 is actually 231 cents.  Or, if you will, an 89% drop.  I'm all for maintaining an eye on the fundamentals to avoid making bad decisions based on emotion this late in the game, but I don't think it's a good idea to deny both the reality of the price situation and pretend that 'its just a few pennies'.  Lately its been A LOT OF PENNIES, on

[VentureTrader1]

Sorry - 2.60 to .29 is a 231 cent drop (I suppose that's obvious)

[ALLEN4]

I do not see that we are anywhere near losing everything.   I think its foolish to constantly need "the market" to reassure you about your investment.  We have 16 million in the bank, good assets, good management, and the respect of many analysts in the sector.    And it is redemptions from retailers and also institutions who apparently did not realize it