VOC (ASX) A bid would have to be north of $5.00

Originally posted by nine lives ↑

I think sometimes there really are bunnies who are awesome and cute but they are also magical and invisible as well. Sometimes when a stock falls a long way you know the fall has ended when you hear a loud "splatt". This means that no bunnies were around that stock and the SP stays down where it finished its fall. But sometimes when a fall ends the sound you hear is more like a "boinnnnngggg". This would be the bunnies buying the stock and driving the price back up a la the FMG example that bug1 gave us.......

As I have said before a stock being dropped by shorters is just the reverse of a stock being driven up by buyers....except the underlying human condition underneath both moves remaineth the same: ie euphoria inspired greed.

Consider the reverse example of OZL. When commodities started to recover OZL boomed way past its fair value. Outfits like Morningstar valued OZL at about half of what it got to and they were screaming SELL SELL SELL.....but for a time the buyers, drunk on euphoria, kept piling in and pushing it higher. Have a look at the OZL chart now. You would be feeling ill if you piled in at 10 bucks and were still holding.....VOC, as I see it, is the exact opposite. Instead of a value of about half the current share price Morningstar have a value of about twice the current share price and they are screaming BUY BUY BUY. But the shorters, drunk on euphoria, keep piling in and the feeding frenzy continues for now......but if the reverse OZL analogy holds there should soon be a mad scramble for the exits by shorters as there was by buyers in OZL. And at the point we will be asking who the bunnies really are. Were they tadpole's magic bunnies, looking all cute and awesome, who bought VOC like there was no tomorrow and pushed the price back up.....or are the bunnies anyone stupid enough to be taking a short position now at these already very discounted prices......

Who was it that once famously said "In the short term the market is a voting machine but in the long term it is a weighing machine". I'm not sure but I think it was Warren Buffet.

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Well said nine lives i agree 100% and ready for turn around big time ,cheers prancer

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A bid would have to be north of $5.00, page-56

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