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Bullboard - Stock Discussion Forum Verde Agritech Ltd T.NPK

Alternate Symbol(s):  VNPKF

Verde AgriTech Ltd is an agricultural technology company that produces potash fertilizers. The principal activity of the Company is the production and sale of a multi-nutrient potassium fertilizer marketed in Brazil under the brands K Forte and BAKS, Silicio Forte, and internationally as Super Greensand (the Product). K Forte is a potash fertilizer that is a source of potassium, silicon, and... see more

TSX:NPK - Post Discussion

Verde Agritech Ltd > Exit Strategy
View:
Post by Storage1 on Jan 14, 2022 11:13am

Exit Strategy

As a long term Verde shareholder I am pleased with the current run up It is nice to see the company finally start to execute on what I have always thought would be a solid investment from a risk reward standpoint. I am in this for the long haul and I believe that this will make new all time highs in 2023 if they can execute. But I wondering the thoughts of the group here as far as their exit strategy. Having watched my return on investment sky rocket (especially on the shares I loaded up on in march 2020) It has me wondering if I should take some off the table or stay fully positioned for the whole ride... Interested I your thoughts...GLTA
Comment by sparkdog on Jan 14, 2022 2:39pm
Why sell now? In one breath you say your in it for the long haul....then you want to sell?  What's your definition of "long term and "long haul"? Only you can decide when to exit. However, I expect whatever you sell will be bought.
Comment by Storage1 on Jan 14, 2022 4:39pm
I have not sold any in the past 6 years. Have only added. More worried about a steep broad market correction. Would be painful to the gains we have made erased. Thanks for the input.
Comment by Georgi on Jan 14, 2022 6:55pm
I was lucky enough to find the company beginning of the last year and I started accumulating at 1.45. Then it went up, but lucky it fell below 1, so I managed to add more and bring my average price to 1.2. With this being said I will not even think about selling below 10(assuming the company stays on track), which we might see next year. Then I will re-evaluate and I'll decide. But if the ...more  
Comment by PedroPistacio on Jan 14, 2022 4:38pm
I think it depends on whether you think you can trade this share. I think that trading a share like this is too tricky personally given that on a 10 year view production could grow 25 fold according to the feasibility study. If you get out at the wrong time so early on in this production escalation it could be tricky getting back in in any size. 
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