Indi, feel good announcements only get you so far, the market looks at them in the overall context of where the company is going and how it will get there.
So a happy blurb is met with wild enthusiasm by those whose cognitive bias feeds their need for validation of their investment decision (you'll recognize quite a few of those on this forum) and the share price spikes a little. But it's the investors who bother to take a critical look at a company's real position that ultimately decide where the SP settles.
Right now, VRC is saddled with debt and needing to incur more in order to achieve the goals it has set for itself. For various reasons, the market views this as an elevated level of risk, and is pricing it accordingly.
And this is where I disagree with many on here, who see the various new ventures that VRC has engaged in as being the 'rock solid foundation' that differentiates this company from the other penny dreadfuls in the field and assures its success. It's still a gamble - maybe more so, now that we have debt to service - and we could succeed spectacularly, or, crash and burn.
And no amount of cheery 'blue sky' news that is not backed up by tangible results is ever going to mask that.
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