Hold Regardless of Short Term22 Jan 2019 19:11
Just reading recent threads, I think it's important to remember why we're here. It's not to make a quick 10% hit. We're all here because we've felt there is serious potential here for medium to long term growth.
Results will be coming out soon, but we need to put them in perspective. Everything available to date - Apollo, Titanic etc, have been showcases of VR Education's capabilities. Therefore we shouldn't be overly disappointed or ecstatic if results are better or worse than expected. They're merely showcases.
Engage is everything. It's the core of this enterprise. The website looks good, but looking at social media, they have a very limited reach in terms of facebook, twitter engagement etc. They need to embrace social media fully if they're to drive sales through social media. I've been doing marketing courses on the side of work in finance for the last couple of years out of interest, so I tend to keep a close eye on this side of the business, which is more important than ever today.
As of right now, the Spread is 15%. To buy @ 10.00 would be an absolute steal, so no one should be considering selling @ 10.00. Frankly, buying at 11:50 is a steal, and will look generous in hindsight.
Unforunately, American markets and European/UK markets are primed for another dump, after having a brief reprieve over the last few weeks. This may lead to VR slipping slightly further (it may not, but be mentally prepared for it).
Regardless, in 6 months the share price will be much higher than it is today, an in 12, 18, 24 months, it will be substantially higher.
Try not to stress too much on the day to day swings, and don't allow yourself to get burnt by selling with this massive spread. If you ever try to buy back in, you will be immediately forfeiting 15%+.
Hold strong.
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