Thanks for the article reference. In light of today's selloff in the market, I like VLNCs stance, no change! It's one of the reasons I got back in VLNC, the price movement of VLNC is not influenced by the overall market, which I think will continue down for quite awhile. Whether it's quick and dirty or long and protracted, there is a lot of gain to "give-up" in all of the major indices. And, as opposed to popular opinion lately, the market just doesn't always go up. It's a fact of life that what goes up, must come down. It's called gravity and we cannot escape it here on earth!
That said, I don't mean to say the market will crash. No. Just needs to rebalance. Except VLNC. It's ready to take off when they announce production and orders. Lately, it doesn't seem to be a question of if, but rather when. Given the potential of this stock (we've seen what it can do on order status, up to 26 in 1992), I'm willing to hold onto a stock like this.
Keep up the good research. |
