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Re: JTrox post# 16490

Thursday, 05/25/2017 5:02:50 PM

Thursday, May 25, 2017 5:02:50 PM

Post# of 47640
I get the frustration at the VNDM seller. I understand why it would be nice to buy through the shares that seller keeps putting up. However...

As a buyer I would not up my buy just to burn through someone's shares faster unless there was some reason of urgency (i.e. demand). I get that it's "only" $20, but $20 buys 250 more shares. At an .08 per share price, .001 is 1.25%. A patient buyer waiting for VNDM (or another seller) to come down on price .002 - .005 per share could buy an additional 2.5 - 6.25% more shares than at the .08 price.

I look at it this way, if I could squeeze an additional 1% - 6% profit on an investment I would do it.