I was long VRS and thought I’d look at them again and saw a line go from 140 to 50 .. there must be a reason for this & yet the BB keeps telling me the positives.
I’m want to know if there is any known reason why the SP has fallen so low.
If Buyers & sellers determine price - right now it looks like there are more sellers. What do they know that the possible buyers don’t ?
~ 140 to ~50 ... been on a down trend for the past 6 months ... nothing to suggest this is the bottom or any form of support. I can’t understand why buying now would be advisable
Why would Antonio be selling 6,750,000 shares around 51p if he thought the price might pick up, I thought 49 was pretty low but he must think it’s going to drop further ?
I’m serious, I’m long VRS. I meant in general you have to have the ability to short . I’m glad this investment has been good to u financially & hope it continues to be in the future as it will benefit us both. But I can appreciate that if an investor puts his hard earned money on the line LONG or SHORT He did well sticking to his convictions no matter what anyone’s says on this or any B.B.
Long / short doesn’t matter what side your on. If you have an idea where the price is going to go & have the conviction to take a position. I say good luck to you... there are plenty people out there ready to take your money, what’s wrong if u take theirs instead.
At this stage I'd panic, not being able to trade a share and turn it into cash isn't ideal... even if they are free shares it's still money that could be in your bank. It seems anyone can put anything they want on here and follow it up with DYOR & GLA and they can say what they like with no thought that their words may influence someone in a negative way. IMO :-/
This looks like it's going no where.. less than 8k in it today if there was news coming the buys would be going through the roof I'd sell & take your money somewhere where it might actually work for u and forget about holding hundreds of thousands of 2 p shares, take the hit & stay in the game
Are the daily moves not just within the spread you can draw lines on this as much as u want but at such a low price how can u apply support and resistance. If you have plenty disposable income it's worth a punt if you have little disposable income can scale it down for a little fun but to put a large amount of your investment capital in here must be madness if no one knows what's going on