RE:plot theory may be applicable herePositionTrade wrote: IMHO , the whole up and down swing in the last 15 months look like a manipulated plot to kill retail investors by some big boys with help of bearish venture market.
Now, most of psychologically and/or financially weak hands have capitulated and been shaked out, good value appeared and reward/risk ratio is very favorable now.
So this chapter of the plot is closing to the end, and the trend reversal should start soon.
I guess, VFX may go back to its intrinsic value around 20c per share in the near future.
And IF vfx can solve those bad debt pblm and get financing with acceptable conditions, a real bullish run could start from here.
JMHO
I disagree with this conspiracy theory and the TA jargon but agree with you that the company is fundamentally worth something higher. 20 cents is a good target.