Just my .02.
You don't get a big run-up from the 6's to the 9's, on good volume, and support at 9 on low volume, without "something brewing". As much as we may want to think that our little purchases of 1,000 shares here and a 1,000 there move a stock, it's the big boys that move, and support a stock. With that said, I think some big boys bought into VLNC several weeks ago and are now holding for "the news". The recent wavering in price IS caused by us lowly individuals panicking about this and that. BE PATIENT.
Yes, you can sell here and take the profit (which you can NEVER bitch about), or you could hang on for the BIG run-up when this one breaks 10.25 on good news. To me, the risk reward is just too good to leave money on the table right now.
You said yourself that Archibald expected plant certify by next week. Why, oh why, would you sell expecting that bit of news? Also, while we are very anxious to get an OEM on board, you have to realize that any deal with an OEM must be extremely complex so as not to limit the total production capacity of VLNC in the future for other players. As FMK stated earlier, if they put all their eggs in one basket (one OEM) then they could severely limit their ability to be a major, global player in this industry, which VLNC appears to want to be. There are very significant business development issues to decide on here, not one that should be decided "overnight" to appease us impatient shareholders.
You really need to decide is your investment philosophy before you invest in VLNC. If you want a quick buck and only have your childs education money to invest, then I wouldn't recommend that you buy VLNC (even as strongly as I feel about the company, there are risks). However, if you have a longer term horizon and want in on the ground floor of the next generation battery company (everyone says that lithium polymer is IT and VLNC is the company) and you have money you're not terrified to lose (all of it), then buy VLNC.
The choice is pretty simple.
Appreciate your input here. Keep up the DD. |
