Philip,
vteh's volume is way too high to conclude that this stock is dead. No chatter on the vteh thread doesn't lead me to conclude that legal action is going on. In fact, the only public data that is out there is that somebody is definitely positioning themselves with a lot of big bloc trades.
In a post I made awhile back, after calling the company and doing some more thorough research, I communicated to this thread what the plan was for becoming operational, what the timeline is expected to be, and what the financial implications are once in operation.
The choice left for investors is whether to sell, average down, hold and hope that it will go back to its high, or short the stock. My suspicion is that many have sold, some have averaged down, some are holding hoping for the best (for whatever reason), and some are shorting.
There is nothing wrong with any of these courses of action including taking a short position. However, to facilitate a short position by leading others to believe that one is intends to make money through price appreciation and simultaneously shorts the stock is not consistent with my value system.
Given the volume, I would conclude that some know that hardware is being brought up to speed, operating capital is being acquired, and that many who are high in cost basis are buying to reduce their cost basis. They are positioning for the expected price appreciation that comes from vteh being operational. This is probably less than 100 days off if the timeline holds as planned.
In addition, this is all being done quietly because there is nothing anybody, short of the Almighty, can say to create credibility - all they can do is "just do it".
Philip, if one owns regular stock of a company, not a short position, and does not contribute to informed, researched due dilligence, isn't any other kind of contribution just shooting yourself in the foot no matter how frustrated you are by the price drop?
Why blame someone else for you playing poker? You didn't buy Microsoft, Intel, Dell, etc. - you bought a high risk, speculative, startup stock. What did you expect - 4 aces every hand?
Don |
