PINL:VLTAF - Post by User
Post by
ALLEN4on Oct 01, 2012 3:16pm
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Post# 20434574
the best medicine is to do what Bpultra
the best medicine is to do what Bpultra did and buy some shares, whatever you can afford. Does anyone really believe that the guy selling today is smarter than the guy buying today?
gold_diggers2, its hard enough remembering the spelling of all the names in West Africa, sometimes I wish you all had normal names like me. Yes the market sets the price. But we are a very illiquid market at this point so you cannot take it seriously in the same sense that you would with a stock like Microsoft. There is some obvious desire to sell in some quarters, but no real motivation for anyone to buy. Its market sentiment overall that is deterring people from buying into our company. The sellers may be selling for company specific reasons, disappointment about one thing or another, but in a normal market environment there would be plenty of buyers to pick up the slack. I think in some environments its wise to focus on technicals (ie. I think it was Explorer who said "if we break below $2.00, look out below" way back when. That would have been a good time to focus on technicals. But in today's world, trading at 66 cents if anyone does not believe that we are worth at least that much why would you even be here. And isn't this a time to focus on fundamentals rather than technicals, especially when you acknowledge that "the market" is setting the price but has no coherent message for us. Selling VTR today would be like selling a canoe in the middle of winter, great deal for the guy buying, not so great for the guy selling.