CRI 4.55% 1.1¢ critica limited

"VMS" - Multi Asset Resources., page-1083

  1. 2,985 Posts.
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    Come on everyone just relax things look really good, even if there are some minor delays.

    I bought in in January and February, being really impressed with all that VMS has to offer. I went in as hard as I could and couldn't believe how cheap the stock was, I think I have an average buy in around 6c. Then the sp started going down, which I both found very frustrating and really hard to fathom. And sometime this is where charts can help to take a step back from your own emotional response and look at the bigger picture.

    After I bought in there was the 'Bull Trap' in mid March as indicated in the chart below. I call it a Bull Trap because I think at the time there was a large holder from Singapore selling stock but it gave the impression that things were not as they seemed and if I weren't strong on my convictions of the fundamentals of the company I might have sold. Importantly, other indicators were showing a change in the tide MACD was tightening and the Slow Stochastic indicator had already crossed. Yes as it turned out I could have bought in lowere and timed my entry better, we all live and learn. Anyway as it turned out the 'Bull Trap' was the beginning of a very good run prior to the jump through 10c. Fast forward to now. And jump to the chart attached below this one.

    https://hotcopper.com.au/data/attachments/3322/3322143-37aae7af0db69f0ea5caa5713d08ca7d.jpg

    You can see that there is still a strong underlying uptrend. The MACD has tightened and may cross shortly (not a given) and the Slow Stochastic has already crossed. The fundamentals of the company have not changed. Yes the delays are annoying but that is all they are. Patience is the name of the game, don't get upset by delays and talk yourself out of a very good investment or listen to others who are trying to do the same. If the reasons for buying into VMS have not changed, then do not let frustration get the better of you nor listen to those who state that the sky is falling in. Good luck all, very exciting stock to be in in my humble opinion. And if you need any further corroboration as to why you want to be in VMS, in my opinion, then I suggest you read these two posts by @Tarampa, great posts: Tarampa Post 1; Tarampa Post 2; and listen to this VMS tweet


    https://hotcopper.com.au/data/attachments/3322/3322137-784c9a89ef7533e5fb822a32c3f21e70.jpg

    Last edited by Chiller: 02/07/21
 
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Last
1.1¢
Change
-0.001(4.55%)
Mkt cap ! $28.05M
Open High Low Value Volume
1.1¢ 1.1¢ 1.0¢ $52.56K 4.842M

Buyers (Bids)

No. Vol. Price($)
24 6564455 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 900000 1
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Last trade - 14.18pm 15/11/2024 (20 minute delay) ?
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