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SMART MONEY MOVING IN, page-73

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63 Posts.

15

22/04/22

14:18

Post #: 60970890
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Originally posted by country bob: ↑

Haha. Yes @jcallaway I remember when tens of millions of these shares were changing hands at 25- 30 cents 2 and half years ago. These buyers clearly thought it would be $1.00 by now. Pretty sure none of them are happy at 4.1 cents.

Just because someone wants to buy them doesn't mean they're going to be a good investment.

I won't be surprised at all if these are back at less than 3 cents a couple of weeks after the 4C is released. Seems to be a pattern. It does make me think someone messes with the market each 3 month cycle. Maybe the 1 cent option holders actually buy and push the price up for the unsuspecting, and then make a big dump when they think they can't squeeze any more out of it?

If there was any positive market sensitive news to release, my understanding is it has to be released? Given zero announcements I am pretty confident there is nothing to report. We just wait every 3 months to find out whether the loss is greater than the last quarter, and read all the "we are pleased to report blah blah", before the cycle begins again.

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They got 4.6m recurring income in Dec 2021 quarter.
If it’s recurring VSN subscription income, March 2022 quarter income should not be less than that i would think.

NET Price at posting: 4.0¢ Sentiment: None Disclosure: Held
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