VCR ventracor limited

Having watched this stock for a number of years and read a...

  1. 217 Posts.
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    Having watched this stock for a number of years and read a number of posts on tihs website over the last 12 months it appears evident to me VCR has a distinct lack of bottom draw buyers, at least amongst the HC crowd. So many seem to believe in hocus pocus charting and technical blurb (eg buying at 77 and selling at 82 etc) that the stock never seems to gain any traction/momentum.

    This comapny is doing all the right things from what I can see but there is a clear disconnect between its commercial advances over the last 18 months and the performance of its share price. I don't think this will change in a hurry unless buyers of the stock change their short term (trading) focus and start to believe in the multi-dollar potential this stock has over the next 2-3 years. Sure, it is a long and frustrating process and progress is often slower than what we would all like but it is coming.

    A few more bottom draw buyers is what this stock needs to head north. That said I acknowledge every investors right to buy and sell as they see fit.


    Cheers

    Sweet Crude

    PS- for the record I see little downside from current levels. Unless you bought in at much higher levels and need the funds for other purposes (tax loss selling is over for another year) there appears little reason to sell with such a bright future.
    I 'll continue to keep my modest holding in the bottom draw.
 
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