This guy is a big deal, and joins as a full on Executive Director (IE. Not a non-Exec). Team VLRM expects this to be big, that's the only reason I can think of to get this calibre of person involved as a full on Exec.
I only got involved because of the research I did on Vinay Gupta, and now Patrick Young's appointment just adds to my belief that VLRM are going places.
The above is my opinion, please do your own research.
It'll happen when it happens. Hope everyone isn't expecting 10% gains on a daily basis?! It's a mid to long term hold. No point checking every hour, or every day even as you'll only wind yourselves up. I bought in at £1.42 when it was coming down from £2, and I only check the SP once or twice a week at most. This will be huge in a years time, and the years to come.
Yes, a really good discussion on Telegram last night and the concept is soon to become reality judging by the discussion.
I've said this before, £10 SP is RP's opinion and belief in VLRM (he has to believe in the product), and who are we to say he is wrong? Most of us do not have the understanding of the space to begin to comprehend the potential value of VLRM. I use the example of a Jeff Bezos, everyone laughed at him when Amazon was formed, now it's $3681 SP. People couldn't see what Bezos saw, nor comprehend at the beginning how the market would change.
VLRM (with MAP) is giving crypto real world use in the financial markets, maybe buy some Tesla shares. Surely thats better than crypto being sat in your wallet doing nothing, or just going up and down, or more down lately.
RE: We ain't going nowhere: “Average Down And Wait”13 Jul 2021 16:43
My average is £1.12 and I'm not bothered at all. Currently I'm £4300 down from a £11k investment. I zoned out a month ago. Occasionally pop my head in here. It will come good eventually. No point looking at hourly SP movements, as you'll only wind yourself up.
Will the SP fall? Possibly Will the SP rise; possibly? Will it get taken over; who knows, but its possible. Will they change the business model; who knows, but its possible.
Question for everyone on here, are you investing in BP as a growth stock or dividend stock?
I'm here for the dividend. But if its growth, then then there are better stocks out there. I'm in my mid-40s, I will never sell my BP shares for as long as the dividend keeps coming. If anything, I will keep buying, using my profits from other growth stocks.
The VLRM token is obviously ready because VLRM already exists. My guess is, and I think (as do many other) that they are waiting for OTC first. Then when US momentum grows, the products (bridge and token) will be released.
I think another reason the share price doesn't have the backing is because the generation gap has breached the pinch-point. The oil generation have retired or are close to retiring, and generation Z, millenials want to buy green stocks (I know BP is trying to change), Crypro, short term investing, and have more control of their own portfolios; they don't think about BP.
The days of most people looking to buy British Gas, British Telecom, British Petroleum, etc for the majority is yesteryear.
The sentiment and popularity for these giants is no longer there, and many don't understand the value of the dividend (real diversification) in retirement.
Thats my two pennies worth anyway. BP is the one stock that I do not care if I am ever in the red, but thankfully I have a £2.92 average and compound my dividend. I think BP is great value, and I would say to anyone, get in now at these prices and just think about the dividend.
Though I'm very busy with work for the next couple of months so haven't had much time on here, plus I'm learning to filter out from the noise on here. I'm very much still invested here and will be for a long time. I actually increased my holding a week ago and I currently have 82K shares.