All that matters is what the market believes, since that is the price you can buy or sell your VLDI stock at.
Bruce was spreading rumors that he was going to have a deal with a major client from over a year ago of negotiating, how soon we forget, and when it did not happen the stock price quickly corrected from the run up to .027 all the way back down to .0057. There were big expectations that early in 2018 that deal would be signed. If that happened that run would have continued, obviously it did not.
Perception is usually reality in the market price of a stock, so yes perception matters significantly. Yes when there is a major difference between perception and reality and reality sets into the marketplace, a stock price corrects appropriately, like when the Enron scam was revealed. There will be plenty of time to get in VLDI if VLDI is going from .015 to 50.00, and if the market got it wrong. But it is highly doubtful that the market has it wrong, based on history.
Yes it is great if you can get in on a ground floor before a stock takes off, but that is not the case for VLDI since the ground floor was over 20 years ago when VLDI was $7.00. This must be the longest development stage company in history that still hasn't commercialized a single product.
Those caught napping are those that held from the high of .105 all the way down to .0046 over the last five years.
"Sarcasm is the last refuge of the weak mind". (Dostoyevsky) and "The important thing is not to stop questioning. Question everything" (Albert Einstein)
