VTG 0.00% 8.1¢ vita group limited

I have held this stock since 2013 and taken up more on drp ever...

  1. 74 Posts.
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    I have held this stock since 2013 and taken up more on drp ever since. One thing I've noticed management don't make bullish predictions they just deliver better than expectations. Friday's chairmans address does not show anything but business as usual so I would suspect this is purely a technical play induced by slowed up momentum and a breakdown on the 100 day moving average. Barring unforseen issues arising on a fundemental level the stock is bound to consolidate and resume upwards in the medium to long term. Good luck to short term operators but there is a risk that the short term profit play could be lost on this correction.
 
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Currently unlisted public company.

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