Video: Investor Updates with Volt Resources, MD Trevor Matthews - May, page-50

Stan,

""Now there are things such as tax liabilities that need to come into play. I gain my advice on buys and sells in general from my accountant and juggle my holdings based on that and a myriad of other things""

Is that the best you can come up with. If you happen to pay some tax it actually means you are making money. I have heard some beauties before but that is a ripper. You would rather not make a profit and therefore avoid paying tax. Well done.


""So again I will put to you this: Given your claimed experience, how did you find it so difficult to comprehend that there would be a selloff after a share rose so considerably?""

Nothing surprises me in the market. WE have all seen it before. I am not surprised to see day traders sell down . It happens in most stocks when they have had a large increase. But given the recent acquisitions I was surprised to see the big sell off because I believe that VRC have never been better placed then where they find themselves right now. Time will tell if that proves to be correct. But understand this Stan, the day traders are not concerned about the actual story, they are only concerned about making money and they will generally go where the volume is on a daily basis.

Cheers