GREY:VTRAF - Post by User
Comment by
Easypickenson Sep 13, 2010 2:07am
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Post# 17439687
RE: RE: RE: RE: i'm waiting to break even-swpb
RE: RE: RE: RE: i'm waiting to break even-swpbBadactor,
Reading your post makes me think that you may not be from Western Canada or Canada at all. You talk about Wheat going North, well the price of wheat has no bearing on VT SP as they do not buy or sell wheat as all they do is handle the stuff and the CWB buys and sells it.The more you handle the more money you make. Next you talk about Western Canada numbers come in and if the shortage is worse then anticipated things will improve for VT. If there is a shortage of wheat to ship how in the World would that be so great for a company that makes money handling it. If you have read the last News Release and states that they lost a pile of money because they could not sell inputs to farmers as it was to wet to seed and those fields have no crop in them at all, most are still under water. Now lets talk about harvest which is about 5% complete in Saskatchewan and should be 50% by this time of year and rain almost every day and forecast for more rain. You seem to tell us this is good. Look at the SP 1 year ago and compare it with the price today. Go back and read the posts from a year ago and you read someone who thinks it wil be at $24.00 in 12 months. well those same posters are not around anymore and there are new ones that believe the crap The Post spews out how well VT will do and now is the time to buy.
FYI I only own a handfull of shares and it won't make me or break me if the shares go to $100.00 or if VT goes broke again as it has in the past.
FYI I don't spend much time here and don't post, but just don't know where you are coming from. Good Luck all the same and SWPb, I hope y
ou get to BE.