RE: Headroom survey...31 Dec 2018 08:38
FAHP - Not buying the oversold story... Bergen 0.2p around VAST's neck and 0.205p Dec-16 to be filled... More details below... Why not a buy for me. If wasn't holding 1/3rd, I wouldn't touch it.. GL
“Big rise coming, back to 0.48p. “ – 0.48p isn’t coming and SP to 0.48p isn’t a big rise either....
“massive recovery, we are no different most stocks on AIM suffering at the Brexcit woes. Many stocks are already recovering , at least 5 of mine began to fly on Friday.” - lol.. nice story. AIM all shares has fallen by 22% in the last 3 months, VAST has fallen by more than 50%. VAST fall was not just market driven. Just because some shares has risen on Friday, doesn’t mean VAST will. Wow, what a reason!!
“This is massively oversold” - well, RSI is 25.65? expect it to go to 10-15 RSI..
It is a currently hold for me. Not selling my remaining 1/3 rd, nor a buy. Why – price action may be to the lower side. 2 Reasons – recent low of 0.23p? Why 0.23p? Just above 0.2p Bergen institutional deal, minimum needed 0.2p!! Secondly there is a gap from Dec’16, which was partially closed by 0.23p. It needed 0.205p to fully close that gap. Bergen 0.2p minimum, gap to be closed at 0.205p.. current share price 0.295… potential 50% down from current level. It may or may not happen, with 1/3rd hold, happy to hold. Not worth the risk to add more at this stage.
“so now is the time to hold and await news. The time to sell has passed and it's becoming more and more likely a rally will occur here.” – Technicals doesn’t point to a rally nor does the fundamentals based on VAST RNSs, Bergen!
Good luck folks, Fantasy!
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