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Bullboard - Stock Discussion Forum Voyager Digital Ltd VYGVQ

GREY:VYGVQ - Post Discussion

Voyager Digital Ltd > VGX Done?
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Post by godisgr81 on Jun 22, 2022 10:06am

VGX Done?

Today's news isn't good but is this company done?  That's what just about everyone said about Amazon when it was trading below $5.00. Maybe and maybe not.  Voyager still have a loyal customer base and depending on how Steve and the team manages their risk and cash going forward will determine their fate.  I still have faith in Steve and purchased more shares as I think this could be a great buy but a very risky bet.   Good luck everyone.
Comment by bligicka on Jun 22, 2022 10:27am
If they can't recover that $665 mill I would say they are done ... isn't that customers money that they lent out ???
Comment by Arbutus22 on Jun 22, 2022 10:37am
Zero correlation to Amazon. VOYG is, for all intents and purposes, bankrupt, i.e., you do not seek hundreds of millions in a cash infusion if your balance sheet and outlook is solid. Ignore the market at your peril; down +60% today, investors have completely lost faith. Momentum breeds momentum. Maybe loyal customer base but this wil suffer too with negative headlines. No surprise that BIGG (i.e., ...more  
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