Friday, May 14, 2004 6:54:43 PM
The pps is drifting lower . What with the possibilities/potential you would think that investors would want to add & not sell . Any one have insight here?
Tim (runs the BTS board --that is "beat the street" board--) has made good money on it by buying low and taking profits;
5-4-04;
Posted by: timhyma
In reply to: timhyma who wrote msg# 9687 Date:5/4/2004 11:06:11 AM
Post #of 9711
Took profits on VTSI at .39. Gain of 50% from my buy on 2 April 04. Williams and money flow started weakening. OBV and RSI are also turning downward. I'm thinking the run is over and it will consolidate somewhere.
I thought he sold too soon but was wrong yet again (groan) I think his strategy has been spot on!
I've got a few shares left that I'll hold in case it goes to the moon, lol.
IMO revenues need to at some point equate to profits and we seem to be some way away from that point.
I remain optimistic that the AF deal will reap rewards in later quarters but the "act fast" and "buy at incredibly low prices" type of comments may be a bit premature.
Issues remain.... debt? Legal? Going Concern concerns? ... at least they have gotten much less quiet and have some successes to tout and IMO is why the price seems to have stabilized in the current "sideways" trading pattern in the the .30s.
As Kelly might say, there has to be some meat on the bone... but as yet unknown if we are looking at short ribs or a nice piece of Prime rib...
best!
kp
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