TSXV:ART.H - Post by User
Comment by
Vic_Moneyon Dec 03, 2009 6:18pm
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Post# 16552212
RE: RE: Slide of the target
RE: RE: Slide of the targetIn a raging bull market, some may pay $20 if it hit their targets with impressive results. In a bear market like we're in now, $20 is far too high of a valuation for VST, even if they hit big. $5 is probably the target price it will get to (over time) if it hits big. If the drilling results are less than expected, VST will crash hard like WZR did. So don't gamble any more than you can afford to lose, because nothing is a sure thing, and this market is full of sure things that ended up disappointing investors resulting in massive selloffs on news.