Volt Power Group - SP Analysis, page-10

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kolokithades

581 Posts.

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17/09/17

17:50

Post #: 27274320
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Originally posted by SuperWealthy ↑

Hello Kolo, I wish you well and you clearly have a plan. My comments are not a personal attack on holders, rather what I seek to do when investing is to find a contrarian point of view to my own - I.E. I am holding VPR, but what reasons can I find to sell and would the money perform better elsewhere?

I'm tempted to sell VPR right now and increase my Lithium exposure. But that's just me, I can't see VPR outperforming Lithium and that is driving me right now. I'm not one to hold a loss unless I'm confident of better times I often sell & move on.

But please let me share one thought with you. In the many years I've been chatting on investment forums, I have seen many, many investors dig deep into a single speculative stock. All the eggs in one basket with talk of early retirement once we have a 20c party. They average down, get diluted & buy more. They let positive chatter in HC feed their hope.
They often miss a chance to cash out because they hold hopes of a higher price, then watch it drop back to deep red.

The sad thing is that I've almost never seen this turn out well, and I've mostly seen terrible outcomes for those guys. We hear stories about "a guy I know" that pulled off a rainmaker from a 1c stock. But those stories are mostly myths and I urge you to start formulating a plan for exiting some capital out of VPR in a way that allows you to fight another day. Stay optimistic by all means, but don't be the sucker waiting for 10c when she runs to 0.008c - be ready to sell that parcel you picked up for 0.002 because this is about recouping losses first- becoming a millionaire later.

Forgive me for sounding preachy - but trust me I've done it myself. Thrown big chunks of coin away through lack of awareness, hope, dreams, ego, refusal to look hard enough at the truth & move on. Man I kick myself but it was my money to lose, not borrowed or leveraged so all I copped was an expensive education in share trading.

Again good luck, hopefully VPR will surprise us all.

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SuperWealthy,
I have already placed a conditional order to sell 1/3 to recoup some of my losses and pay off some of my mortgage. I will more than likely be leaving 2/3 of my holding there for a long time as I am anticipating that Volt will be a great commercial business in the future making millions in profit annually. I could be wrong but that's just me. Thanks SuperWealthy for some great advice and an overall great post. All the very best to you. I wish you a successful 2017/2018.

VPR Price at posting: 0.3¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 0.1¢		Change 0.000(0.00%)		Mkt cap ! $10.71M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
41	78267511	0.1¢

Sellers (Offers)

Price($)	Vol.	No.
0.2¢	120640463	57

View Market Depth

No.	Vol.	Price($)
41	78267511	0.001
0	0	0.000
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.002	120640463	57
0.003	30134548	24
0.004	32803132	20
0.005	21323846	6
0.006	33329999	5

Last trade - 16.12pm 13/11/2024 (20 minute delay)

VPR (ASX) Chart

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Volt Power Group - SP Analysis, page-10

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