GREY:SMDWF - Post by User
Comment by
home001on Jun 24, 2015 7:06pm
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Post# 23865699
RE:RE:RE:RE:RE:RE:RE:RE:Instinet Just Bought 49 Thousand Shares
RE:RE:RE:RE:RE:RE:RE:RE:Instinet Just Bought 49 Thousand SharesCQ: My name is "home" because I AM home.....(and retired) after having been in a profession that took me away from home for forty years. I love being home..... and I own VID. You may have noticed my posts often include a question to, and QUOTES of, other posters. My posts may include facts. My posts do not include opinions and often I question opinions. My profile shows I have close to 130 on ignore. I doubt bashers ignore so many. I doubt pumpers ignore so many. I know enough about charts to know when people post erroneous information based on charts. When that occurs, I raise questions. I also raise qquestions when people post things that don't make sense to me. (How can it be said a stock is "great" when the price is down 60% in three months? Yet I am accused of being a basher and a reply supporting "great" gets five stars.). Maybe the company is "great", but at this time it is not a great stock. At some point I believe VID's price will turn up, but we don't know when. The share price has been going down for three months. Buyer beware. Is that bashing? My cost basis for VID is just a bit higher from where we are now. VID is still in a downward wedge even as it's bouncing around it's 200 DMA. It won't do so forever. Sooner or later it will break one way or another. I own it because I believe it is a viable company with tremendous upside. What is happening with the share price today, or this week, or this month, won't matter a bit if Somedia's business plan and product are viable. We will know soon enough.