I have been reading all the posts over the last week..bad habit...

I have been reading all the posts over the last week..bad habit of mine.

You will all know where VPG is positioned when they announce their results next week..not before.

Do not expect the results to be brilliant.I am sure there will be devalautions. This should have been a foregone conclusion to investors who should have factored in the current state of the market.

The long termers should not worry since the stock is undervalued (IMO).Ill informed short termers waiting for a really good result may worry. The intra day traders will not worry because they had their go over the last 2 weeks and made their profit.

I know a few intra day traders who were punting $250k at a time buy @ 12c get out at 13.5c..good stuff in their opinion.

This should explain to you the pump dumps on large volume
recently.

This is called trading..I would call it something else but I would get moderated. That's what the market is about.

Orchard11: It is not about following the US market or buying in the morning,if anyone followed that pattern they
should get a day job and forget the Sharemarket.

Shareholders that bought in March-June would do well to hold...regardless of what happens next week.In my opinion Devaluations will continue in commercial and Industrial real Estate into next year.

The ASX building in Sydney is under exclusive due diligence to be sold at circa $140M as opposed to it's book value in 2007 of circa $230M..think about it.The deal is being done as we communicate..bugger missed out on that one!!!

So it should be no surprise to anyone that invests in REIT's as to the current round of Valuations being reported.You all must have done your research..I hope!

The professional market HAS factored in the deval's..for the the day traders valuations were never going to be an issue.

In my opinion the Short termers that do not know the mechanics of the trade or the business they are investing in will be the most nervous.

There seem to be a lot of ill informed posters on the VPG
forum ATM.

Get real guys! ..WAIT TILL THE ANNOUNCEMENT!

My advice is :

1.For nervous Nellies

"if you can't stand the heat get out of the kitchen"

2.Intra day traders:

You could be caught with your pants down very shortly.

3.Long Termers

Have a glass of wine and think of a good SP after the dust settles post announcement..Life's too short..bugger the rest!

too many whingers/soothsayers/tea leaf readers/chartists/BS artists/ball gazers and Nervous Nellies etc ,etc, posting recently.

Patience will never kill you.. if you can afford it.

As an old friend of mine said to me a few times:

One thing money cannot buy you is.....POVERTY.

Keep your money safe the best you know!

Good trading and good luck!!

Remember that this a once in a generation opportunity to get in at bargain prices across all sectors.You will never buy any good stock with good fundementals this cheap again in my opinion.

Cheers

Hotrock

DYOR.."Caveat Emptor"