Post by
ALLEN4 on Jun 05, 2012 11:03am
no one selling today
Maybe we have come to the point where any significant selling has been exhausted and the shares are now in strong hands, meaning we just have to wait for some buyers. And they will come in droves with some QE and/or good news from VTR. With low volume levels and strong hands we will have some great traction in moving the share price up.
Comment by
canagold on Jun 05, 2012 11:55am
VTR is starting to lag behind big time, look at KGN.
Comment by
ALLEN4 on Jun 05, 2012 12:01pm
I think KGN has a much higher profile, so they have buyers lined up. So we have no selling, we just need the buyers and we will get the attention and the buyers through our news releases.
Comment by
canagold on Jun 05, 2012 12:19pm
People are selling, they've been selling since we hit .86 and are selling today, we are down over 2%.
Comment by
ALLEN4 on Jun 05, 2012 12:22pm
I mean significantly; there will always be someone who for whatever reason is selling a few shares. But when you compare 40,000 or whatever to average volume and consider the shares outstanding it is a very small leakage. It is never going to be zero, but its pretty close.
Comment by
ALLEN4 on Jun 05, 2012 12:26pm
So if we had any buyers at all and only miniscule number of sellers the share price would be moving up. So in other words the focus should not be on any concern about selling because thats not really happening; rather the focus should be on attracting buyers, and that will come through further news releases.