PINL:VLTAF - Post by User
Comment by
mrcashflowon Mar 09, 2011 6:55pm
263 Views
Post# 18262151
RE: Wow 1.83
RE: Wow 1.83 Well, needless to say things are getting pretty interesting around here from an investment standpoint. I really don't know what to say or do. I don't know about other investors here, but my portfolio continues to trade in a negative fashion and at this fork in the road, I'm totally lost for words.(and that's an oxymoron) None of this makes any sense to me. We have civil unrest in the middle east, the U.S dollar is on the verge of collapse due to high debt, and inflation is running far above government released numbers, I'm fully invested, with no cash on hand.
It seems to me I have been through this scenario before.. the solution is easy. Carrying out the mission is easier said than done...Sell the losers and buy the winners. Volta is an interesting animal...the chart looks to be in an intriguing area of support @ $1.80. Question is do we move lower from here. Right now given my circumstances I will not add, I will buy at lower levels from here if possible and see if VTR breaches its 200 day moving average.
The bottom line here is easy to see, you can buy this stock today at levels not seen for quite a while at "bargain" prices so to speak. The fundamentals of Volta have not changed one bit, as a matter of fact, the amount of gold reserves have actually increased during this down trend. I'm sticking with this company through thick and thin. I have faith in the management team to continue to grow this company.The long term prospects for gold and silver have never been better. In the end you have to ask yourself..does this down trend really make sense?, no matter how you slice it....it doesn't, and Volta shareholders and management deserve a much hugher share price
My suggestion....hang in there, better times will eventually come to those with patience.
May future endeavors bring riches beyond your wildest dreams
Mrcashflow