GREY:VITFF - Post by User
Comment by
Whateverrron Apr 07, 2021 12:15pm
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Post# 32949648
RE:RE:Crucial Part of the News Release
RE:RE:Crucial Part of the News ReleaseNot frustrated in the least as you claim but since you didn't see $21 a share as a bad bubble you certainly can't judge the context and emotions of a person you don't know. I did quite well in VG. I don't currently hold becuase I took nice profits. I and a few others could see the bad issues that were coming.
I called the bottom a few months ago and said it was a good time to buy VG at the current price of $10'ish or a dollar or so below a good long term buy.
I post here because it is fascinating to see people blinded by their long position, pat each other on the back here as amazing even while the stock dumps. Greatdaysahead wrote: this is the exact wording we had in the past.
You decide today to focus on this standard part of the press release and to judge it the "most vital and important part"
I don't know why you are so frustrated about Victoria and so focus on some contributors here. But it is bringing less and less quality to your posts.
The past is the past. Yes 20 was too high, yes the way to stabilize commercial production has been more difficult than expected, with mistakes, and external event like Covid or tough winter 2020. But let's accept that the story is getting better and better.
Operational issues fixed, debt refinanced, production heading to projected numbers.
I strongly believe that part of the market is/was still waiting to get confirmation that Victoria was now on track to be the cash flow machine it should be at current POG. These Q1 numbers could still not be enough if market looks at them without the "production seasonality" but Victoria teams has been pointing to this many times now.. So I expect a good reaction to this news !