Before someone trys to ramp-up the current trading volume of shares, I think it should be seen in context.
IMO, I don't think there are many people left that really care about the future prospects of this company. Therefore, I believe the current sales volumes are due to current holders buying for the purposes of avgeraging-down.
Once the price reaches an individual's break-even price, they will sell. Therefore, I expect that even if the SP manages to climb (oh, now there is wishful thinking), it will be kept/dragged-down by the selling preasure of those holders that are trying to break-even.
But I am sure the current management will put a positive spin on this and try to portray it as "the market sees value in the company, this is why the volume has picked-up, because it's a great buy at these prices".
Fore warrned is fore armed!!!
- Forums
- ASX - By Stock
- VCR
- sus buying
VCR
ventracor limited
sus buying
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)