Those who bought VRC stock in the 5c to 15 price range may have a case for being unhappy with the stock. At the sp of 1.5c some were looking at paper losses of 80% to 90%!
But those who bought at 1.5c or converted options at 2c would have smiles now! Whilst I am optimistic about Volt's future, I am not alone! The market is also showing signs of optimism with the sp hitting 3.4c today. A very nice uptrend which looks like continuing, as there is still plenty of strength on the Buy side!
I am not advocating anyone to buy the stock until the mining licence is signed etc, but ..... in a few month's time investors may well be saying, "Gee, 3.4c was a very cheap share price!" And it would appear to be cheap, .... if all goes to plan! IMHO
Barchart Overall Average: 88% STRONG BUY
Overall Average Signal calculated from all 13 indicators.
VRC Price at posting:
3.4¢ Sentiment: Hold Disclosure: Held
