Did he sell well?
Seems to have a very negative view of VRX which may stop him from buying back in at a better price and making a profit.
The determining part is, did he sell at a price, which in the future would have still made a profit. Or did he sell at a loss and then because of his loss, is then bitter and unable to see the opportunity of an on-sale price and fail to buy. For only to watch the stock rocket on good news? That is yet to be determined.
Anyone in resource stocks should know who Rick Rule is....some of his best investments were 50% down before going multiples. He was able to ride out the pain and not realise a loss.
Man and this is on sale as I see it...almost 30% off the last raise price which was 50% off two months ago....If you were looking at something to buy like a house or car and it went that on sale, what would you do????
"Share market is about timing and not get emotionally tied." Priceless wisdom from the most emotionally attached person here.
Did he sell well? Seems to have a very negative view of VRX...
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