InvestorsHub Logo
Followers 28
Posts 4263
Boards Moderated 0
Alias Born 03/23/2016

Re: Schneidku40 post# 42312

Monday, 10/16/2017 3:27:12 PM

Monday, October 16, 2017 3:27:12 PM

Post# of 53696
I don't know. I consider it an illogical place to take profits. EPS through Q1/Q2 is roughly 12cents. It was strongly hinted at in both releases that Q3/Q4 would be stronger and that the company was on the cusp of accelerated growth. Then factor in Nasdaq and SEC and new more aggressive IR firm and investor pitches by the CEO and it makes no sense to sell a $6 asset for $3. And that $6 asset will be worth twice that in a few years. And good grief....just the timeliness and need for the product line. It is not logical to sell no matter what the reason is.

For example, lets say I need some money for a new Mercedes or house downpayment or a year of college expenses, something like that and all my money is tied up in VTSI shares. Would I sell? No. What would I do? Simple, walk into a bank, show them the statements, and have them give me a loan with the shares as collateral. I'd much rather have a 5% loan than be without a bunch of shares.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent VTSI News