Member Info for MarketViking

Ding-aling-aling.
It'll be interesting to see what happens tomorrow - whether 11p holds or whether it slides a little further...

Hm, it could be holding at around 11p...? Perhaps your entry point will prove to be prescient? :-)

8p wouldn't amaze me, Convb
But hey, I got in some time ago at around 5p :-D (And I'm playing a long game, of course.)

What d'you reckon MM? Has it bottomed out?

Mate, if you are looking for a flame war you have come to the wrong guy. Sorry.
Best of luck (sincerely) with your trades.

Agree with almost every word, Jim. But I don't see why it should be controversial to "...express a view that it might drop back before a more steady rise over several years..."?

Indeed, that is basically what you are saying too, isn't it?

It has become clear to me that some guys are trying to make a quick buck from this stock. Well good luck to them - I sincerely hope it works out. As long as they aren't playing with money they need in the short-medium then it's fair enough to have shot, I guess. Each to his own. But I see investing as a long term thing.

"boring and see through"

Er, is this addressed at me?

I'm long term hold. A little over 256,000 shares - cost average slightly over 5p. Profit on my HL at time of posting - about 16.5K
Full disclosure ;-)

Well yes, if somebody were serious about investing in VLS they would probably pull the trigger right now, take a long term stand, then just chill. In the short term anything can happen. It may climb a bit, or it may fall a bit (I suspect the latter - though I could well be wrong.)

BC2020,
I think it could be (in the short term) going down. Does that mean I think people should sell? No! Emphatically not! I don't understand the idea that we would buy an early stage company, then expect to see the long term potential realised within a matter of days. This ain't a get-rich-quick scheme. Gains come to the patient. That means years. I myself first bought at over 5p I endured a short period of losses (where I doubled down, lowering my cost average) then I saw it gradually gradually climb - and in recent days rocket. But it makes no difference at all - this is a long term investment for me. And I think it should be for everyone, really.

I'll say again: this should be regarded as a long term investment - which means holding for 5 years at least. Nobody should ever invest money that he/she is likely to need sooner than that!

I was a bit alarmed yesterday to hear that one or two people have yoloed on this stock. I didn't (and wouldn't ever) do this myself. That doesn't mean that I don't believe in the company. It is, in my opinion, very likely that folks who have gone all-in will eventually make a lot of money - if they hold their nerve. But there is, by definition, and element of speculation when we invest in early-stage companies. Nothing in life is ever 100% certain - there is the possibility (whoever small) that something totally unforeseen could happen. Hence it is advisable to have a portfolio with some diversification. But most importantly of all, people shouldn't invest funds which they might need in the near or medium term. VLS is still at an early stage. It is possible that this stock will go back down, and stay down for quite a while. It will be 2/3 years before we start to see their potential actually being realised.

@Mike
It is kind of amusing to me - whenever the price rises, people pop up to say how rubbish the stock is. Do they think they can influence the market? (Like seriously? :-D)

Eh? Sollen wir jetzt Deutsch schreiben? Für mich ist das zufälligerweise auch kein Problem. Aber wieso? :-0

Charles, if it is really stressing you out, you could wait until your holding creeps into profit then reduce your position size?
I mean, it's your call, matey - obviously. But yoloing on one stock...well...I think most investors wouldn't really recommend it...

I tell you what, some of you guys are brave! I went in relatively heavily on VLS - but I didn't go yolo.
But then, victory is to the bold.
May we all hold for the long term and make an absolute pile :-)

10 Pounds is not unthinkable, IMO. But 2-4 Pounds might be more likely. Either way, there is a hell of a long way to rise from where we are now.

Charles, if you hold 1.3 million shares you must, or pity's sake, hold your nerve! Eventually you will make an absolute fortune! But if you get short term jitters you could be badly burned! This could settle back to 8p - and stay there for weeks until there is some new positive news. Think long term!

A little over 256,000 shares, Charles. (Mostly bought many weeks back at around 5p)

Think of it like this, Manc: either the company will fail (very unlikely IMO) or you will make money eventually. Depending on how much stock you bought, it might possibly be more money than you can even imagine! But this isn't a get-rich-quick thing. Things are still at an early stage. It will be several years before we start to see the potential being realised.

Yes, it would be tragic if people who piled in late on Friday looking for a quick buck now sold at a loss. This is a classic textbook example of how the market transfers money from impatient people to patient people (as Warren Buffet famously said.)