Post by
TraderRC on Oct 06, 2022 11:26am
For what it's worth...
The way I look at this, the fundamentals and the reasons I originally bought my shares have not changed. Everything seems to be the same, with the information we know. The one piece of news, new CFO is the only difference, but as discussed in these post, the part-timer is gone, and we have a full time CFO, which should be looked at as a positive. I think a lot of people were disappointed that a buyout was not announced at the AGM, and are worried it won't happen soon. I told my wife the current price, and her first response, "should we sell?' My quick answer NO. I think that there are a lot of panic sellers out there. Until they are gone we may get some more fluctuation in price, and then my guess it will level off until we get some news. I go by the rule, invest what you are willing to lose. I will sit tight and enjoy the ride. It will make it that much sweeter once the buyout gets announced. These is my two cents, for what it's worth.
Comment by
Neil68 on Oct 06, 2022 3:12pm
Very good post, TradrerRC. I suggest everyone re-read TraderRC's post. While you are at it, re-read Timeandmoney's post from a few days ago as well: https://stockhouse.com/companies/bullboard?symbol=v.lme&postid=34996311