VRC 25.0% 0.5¢ volt resources limited

FUTURE POTENTIAL V2, page-1092

  1. 5,770 Posts.
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    Spacecake,

    ""Did you see that LIN went into a trading halt first thing upon the new years trading. They seem to be able to prepare and announce. If they see the SP dropping they try and counter with good announcements. What do our lot do.... amazing to think these companies have some of the same BoD's.""

    With all due respect your comments are not accurate. LIN was trading at 27c on the 25th of Nov. It fell back by almost half to 15c because the market became impatient . It was expecting news on drilling and it took longer than anticipated. Traders are always on the look out for the next opportunity. They will then sell something to latch onto something else that is moving upwards. LIN is now in a trading halt because they have assay results pending. The smart move would have been for them to release these results when the stock was trading in the high 20's 5 weeks ago. But guess what, the reason they didn't, was because they didn't have the results to release. Plain and simple. It's got nothing to do with arresting the share price from dropping.

    You are suggesting that companies can manufacture good news when it's required. That's a nonsense.

    I am sure Volt will announce to the market some positive news when it's ready to be announced. But reading the daily comments from some here who keep suggesting that we need good news today, will not create news to suddenly appear on our screens. You can't pull good news events out of your back pocket just because the share price is dropping .

    As much as it may irk some people, it's a case of just sitting back and waiting for things to unfold. And if some are unable to do this, then the advice given by many in the past, to sell out and move on is probably sound advice.


    Happy new year all.

    HERE'S HOPING FOR A GOOD YEAR .
 
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