VMT 3.33% 14.5¢ vmoto limited

chart, page-3

  1. 1,233 Posts.
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    Tanotfa,

    I was thinking when I got home tonight that I need another one of your brilliant charts and interpretation and there it was!...(I'd missed it during the day..and the one from a few of days ago - there are just so many VMT posts now it is hard to keep up!)

    I seriously love your work....my technical analysis is probably best described as lazy, but I have studied it in the past so fully get your interpretation.

    I actually sold a few of my "trading" VMT stock on close today...thinking it had run quite hard...and thinking a pull back to mid 3's as you suggest is possible. (I'm actually also looking to cash up to buy gold stocks in the next few months....I'm expecting gold to bottom around USD $1000-$1050 before loading up for the longer term...I love the contrarian play....eg my VMT average cost is 0.015).

    Anyway it is interesting to see your interpretation of a run up to possibly $0.058. I had previously posted that I thought VMT could reach 0.06 to 0.08 in 2014 - but this was on my interpretation of 12 month prospective fundamentals - but I was really thinking in the second half of 2014 and 0.08 really only on a momentum spike.

    So I shall watch the price with interest with your interpretation in mind. Maybe if we drop back a bit I will get back in with what I sold today and look to exit all my trading stock in the high 5's for my gold play. I'd be pretty comfortable with that....at $0.058 I'd reckon I would have much better chance of double or more my trading cash in gold stocks rather than VMT in the next 12-18mths.

    Having said that for disclosure purposes - 70% of my holdings in VMT are in for the LT...hence my sentiment.

    Thanks again Tanotfa for your contribution.

    After the last two days, I've already cracked open the leftover New Years champers!

    sents

    ps when thinking about VMT I always come back to the size of the China market. I haven't been to mainland China, so cannot really appreciate the sheer volume of people that live in China....I've been to Tokyo and that is crazy. But I read the other day that if China consumed as much chicken as the western world than in 30 days there would be no chickens left.....it's these staggering kind of stats that blow my mind...and that guides me to hold core VMT as really we have no idea where this could be in 5 yrs time.
 
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Last
14.5¢
Change
-0.005(3.33%)
Mkt cap ! $60.63M
Open High Low Value Volume
14.5¢ 14.5¢ 14.5¢ $3.752K 25.87K

Buyers (Bids)

No. Vol. Price($)
1 5682 14.5¢
 

Sellers (Offers)

Price($) Vol. No.
15.5¢ 19346 2
View Market Depth
Last trade - 14.19pm 17/07/2024 (20 minute delay) ?
VMT (ASX) Chart
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