GREY:VVVFF - Post by User
Comment by
VVshorteron Jan 07, 2007 3:03pm
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Post# 11969554
RE: Still no shorts !!!!
RE: Still no shorts !!!!Of course not! There still hasn't been any dynamic price movement that would precipitate the process.
Seems your trading experience is sadly lacking.
Shorting is a dynamic whereby sophisticated investors take advantage of irrational market exuberance.
The current trading pattern of Versatile is currently stable, predictable and possibly supportable, conditions which are not amenable to the practice of shorting. If however the upcoming financials show that fundamental erosion is on par with prior financials but investors choose to focus on a rhetoric that promises a rosy future then irrational exuberance could very well catalyze an unwarranted rally. It is that possibility on which I am focused as such an occurrence would meet the requirements necessary to make the initiative successful.
So go ahead talk it up. When it hits a dollar and margins are still at 20% with revenues sitting around 14.5 million. I will be more than happy to take your money.