So much volatility this reporting season in the small caps, but they had mostly risen a lot since July 1, so agree it is just a reality check which was required. Probably a good thing to happen now rather than later when the falls would have been greater. My own portfolio of small caps had gained 12% by early August (all small caps 25 different coys) and the gyrations of the best WEB and ALU vs the worst (so far) APO and OML have still come out at 16% up since July 1, but today's movements will wipe around .5% off that thanks to RCG and some more from OML.
VTA have returned me over 100% gain since buying a small parcel in December, I kept looking for a space to buy more since then but the rise has been relentless - this could be the time to buy more??
I was wondering when they were going to report, I couldn't find an announcement, so I had attributed the sp fall to unease of holders due to lack of news.
skinsy11, where did you learn the reporting date from?
The current sp is only where it was 30 days ago, it could get a lot worse....
Cheers,
VTG Price at posting:
$4.65 Sentiment: Buy Disclosure: Held