Agree Mick jd, I was in the green on vocus for the first time in about a year when it was at 3.55 I was that close to taking the money off the table at a very slight profit. But they the thought of missing out on a higher bid got the better of me, as did probably a vast majority of people. So few holders would of been ahead at 3.50 either long term faithful, or new holders to the register in that window below 3 or those who took part in the dark art of averaging down on those lows. Sold some at 3.30 on that down day but still have a parcel now which is going to be a longer term hold. So all in all what was a small gain now has become a loss which I won't be crystalizing at these prices. But as mentioned in previous posts I want to keep an eye on vocus, there is an opportunity here it's just knowing when to go into the ring again.
There has been stocks I've held over the years that go off your radar for 6 months then you turn around and they are up 30% after the market tide turns (for example this year BLA and FPH were both on the nose). Now both sitting at yearly highs.
Not saying vocus is going back to $6+ in the next 12 months, but it really is currently one of the markets bad news stories, so I believe there is a hell of a lot of negative sentiment factored in at this price.
VOC Price at posting:
$2.54 Sentiment: Hold Disclosure: Held
