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All heavy resistance till it breaks 9.50. Currently stagnant. If it makes a push after lunch it could keep going but personally I'd expect more profit taking then a drop to and thing below 7.5.
If you didn't take most of it out at 9 then I think you've made a big mistake. If this was going it should have gone already. Volume all but disappeared. I'll be waiting for 9.50 break or a return to 7 or below.
It's failed and dropped because you can't invent Value.
the real price of this stock is where it was before it broke out. The market was flooded with Brand New Retail Traders who bought everything that was Rock Bottom. The hype is over. Hundreds of stocks like this in the last 2 years.
Personally I'm waiting for anything around 3 or lower.
We must consider the recent year or 18 months, the hype over renewables, sustainability and tech then we can see that the price @ 1.5p then the consequent rise to 9p, the crash back to 2,7p and the up and down staircase of trading since, is all part of the Hype Cycle, which is now over.
Personally I don't see the value in the cmpany at these levels. Nothing new has really happened to this very small company. At current levels it's massively over priced from it's earlier 1.5p.
We could argue the action has already happened on this one. I see this up and down game continuing down until exceptional News from the company can hold it's price. Though I do anticipate it fallingl over the next 12 months back to 2p.
...............I've not been back here for months only to find out the same ol same ol back and forth with the Mob attacking XPB, bacause he is Right lol.
I myself told you the price wouldn't hold and drop to 3-4p.
The proof is in the pudding. you keep calling XPB a Troll, but it's the Mob whom are Trolling.
You've all been wrong on this stock folks. Take a bow of shame, Learn from it and move the **** on!
Technically, he's not the one arguing. the Mob is the one arguing that this stock has value and is moving and making progress.
It's not!
The Mob is arguing with the fundamentals.
EXP and the likes of myself are re-enforcing the facts.
It's a question of Philosophy.
It's possible the support level is round about here now @ 3.30 -40 if you can back to 2017!
Fomo may cause you to get in early, but FOLO means you will always pay a higher price than needed.
You can always averge down but you can't average up.
Thought I'd check back in to see what's being said about VLS and if it's making progress.
Seems EXPB is still getting some stick and he deserves it, cos he's right! 76% of traders LOSE money. Marry that against the criticism against EXPB you can see the numbers are about right.
I left this stock a few months ago now and vowed not to return to it till it broke 10p.
The bottom on this is still below 4p.
We've been here a few times now. The SP is above Fundamental values but the chart suggests a build up to a BO.
Any takers today?
I think the curreny levels are 'Safe' to get back in, but I still anticipate further downside or Consolidation.
Either way I'd allow a 20% downside if you get in now, but at these levels the previous price action shows decent support.
I'm hesitating in getting back in right now though.
I've got to say, I disagree, initially.
The others mentioned are pretty much already running, or ready to go. VLS is years away still. By the time of completion (if they even get there) they'll still need another year to prove it financially. By then, SAF will likely be a well established source well placed in many parts around the world. when we consider all funding etc. is a precurser to Profit, then it's more likely investors such as BA etc. would opt for that which can be achieved sooner.
I always believed VLS was a long play, but the influx of SAF providers around the world and even in this country pretty much convinces me that VLS missed the boat. EQtec seems a far safer bet. I've pretty much ditched VLS now and on the lookout for emerging Hydrogen instead.
Even if they manage to emerge, the bidding war will most likely keep the price competitive and the range for expansion and growth might be stiffled. Especially if The World Economic Forum has it's day where their main aim is to limit Capitalism and monopoly wealth.
I've got to say, I disagree, initially.
The others mentioned are pretty much already running, or ready to to. VLS is years away still. By the time of completion (if they even get there) they'll still need another year to prove it financially. By then, SAF will likely be a well established source well places in many parts around the world.
I always believed VLS was a long play, but the influx of SAF providers around the world and even in this country pretty much convinces me that VLS missed the boat. EQtec seems a far safer bet. I've pretty much ditched VLS now and on the lookout for emerging Hydrogen instead.
@garymmbrock.
No, 'Let's hope I'm wrong' is the correct term. I've made money on this cycle already. While I still have 1/4 stake in it, if it goes down I lose money, but if it goes up I still make money, then wait for the next pullback at the current resistance level.
We all trade differently. I almost allways sell at R Levels, Especially when a low cap stock such as this which has gained 400% on the back of hype.
I win either way. As of taday (it's already down 6% since my post) I don't see it holding. I think 5 or 6 is a stong level of support.
I've been wrong before though. :D
I'd be cautious. At these levels its up 400% sincs last July. It has as much chance to resist than breaking thru based upon recent Price Action.
I took 3/4 of my money out @ 8p. I've been anticipating a very large pullback to 5p.
Let's hope I'm wrong :D
Feel like I need to add to this.
I've increased my portfolio 1000% last year and another 30% in the past 2 weeks, (but I missed the Virgin Breakout!) but VLS has taken me for a ride twice now. I've completely read it all wrong. I made massive gains on Eqtec from 22p, ITM from 200, Haydale from 150 and Bacanora from 24. I'm out of them all now except Bacanora where i got back in @ 45p I missed VLS from 1.5p to 16, got in at 6 then out again at 10, got back in ay 8 to watch it drop to 4.5 as I predicted (Yes I know I said 3.5p initially) When it broke to 12 I took what little profit I could and got back in on the pullback at 9, then the Shell News. Under 20% again. My Limit is 10%
So far VLS is my Joker Card in my porfolio out of 15 stocks I hold. I've left enough in VLS to cover all losses from it if it ever returns back to 16p. For now, it's off my list.
For the Trolls in here about to come at me, here's a recap of my most recent posts.
No, I'm NOT De-Ramping. VLS is doing that on it's own. There's nothing holding this stock up right now. It certainly doesn't require daily input. There's nothing to report. It's years away from anything. No, I don't want the price to come down to Buy More. It's already dropped to 4.5p!!!! How much value do you think this stock has ffs! I want the price to go up to muster Confidence to buy more! It's only worth 2p!
Luck is for Gamblers, so I'll wish all Good Fortune.
No one can answer that for you, Speedic suffice it to say. VLS has always been and continues to be a VERY Risky Buy at ANY Price.
Next to other companies in the UK and the same sector, VLS has yet to prove it's worthy competitor.
To me, it's starting to look like a case, of 'If you can't do, Teach'...What I mean is, it's on the Council of JetZero, BUT it seems to be so far away from actually creating anything of value, that it's speculation and holding your capital until 2023 at the earliest.
I've been trying to ride the Hype Train, but it's come to a very abrupt end.
I'm in a 9p. I'll be holding untill I at least revocer my 20% losses.
Even at it's current price of 7.3p it's UP over 600% since Nov 19....What took it there and what's holding it up? What have they done with the 600% Increase? What did they do with we 1200% increase from 1.5p to 16p?
No, sensetalka, I'm not De-ramping. I want the price to Go Up to create Value, not Down and create Fear! I need it to reach 10p and Hold. I need to see News and Volume increase. I need to see more Volatility. Seriously, a company that's been on the go for years but Zero Director Holdings........Isn't that News enough to get out? I really did expect to hear of Insider Investment in January! Yes, I'm being rhetorical as I'm looking for reason in my reason.
I'm too emotional over VLS that I now doubt my initial Gut Instinct. With no other News or Director Investment, I feel it's the dead weight at the bottom of my Portfolio.....Again! I'm hesitant to cut it loose as I've already taken a hit on it last year when it pulled me under 40%. I hope to **** I'm wrong this time as I'm 4x my initial @ 9p.
This one keeps me awake at night for sure!
However, on a more Optimistic Outlook, the recent BA Lanza News could be a spark to put VLS on the Map!. Hopefully a Double Edged Sword. The Psychology being that SAF becomes more searched for stock and VLS's Low price and previous price action lures the punters in. Like it did me 1 year ago!.
Wash - Rinse - Repeat.
I'd assumed some Abusive trolling respinses had been removed. Though I also expected an emial explaining it.
If there is a Forum Moderator, I hope to see more of it, if this is the case.