VBA 0.00% 35.5¢ virgin blue holdings limited

"only 8 cents away from 30 cents....patience will be rewarded on...

  1. 423 Posts.
    "only 8 cents away from 30 cents....patience will be rewarded on this one.....might be up on monday but i rekn she will be back at 30 b4 too long.....i cant wait to buy in at this price.....nice buy under 30 cents...."


    Posts like this puzzle me.

    It's trading at 38c now. If you think it'll go to 30c soon - what makes you think it'll head north once it reaches your 30c target?? Wouldn't it be more logical for a continued decline below 30c - assuming it ever gets to 30c?? So when you buy at 30c, you will then be able to sell at 20c!!

    Personally, I think posts like this are just ramping (down in this case) by people who think they can influence the price to get in at prices they were too chicken to take advantage of last week.

    I think you'll have a very, very long wait to see it at 30c again.
 
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