Wednesday, December 18, 2002 3:38:47 PM
Congrats KP, I envy your ability to bottom fish this stock. If I had the money I would have averaged down more myself.
The tough question becomes: What do VTSI investors consider a reasonable profit margin on their position??
From 10 cents:
20 cents = 100%
50 cents = 400%
$1.00 = 900%
Unfortunately, a 50 cent share price for some of us may only represent a 30% gain or no gain at all. One must take into consideration the loss of opportunity over several years. For example, an investor averaged in at 41 cents over 4 years with a 10% earning opportunity would need VTSI to reach 60 cents to break even.
Many investors may not like to reveal at what share price they are averaged, but they may reveal a reasonable profit %?
Anyone?
The tough question becomes: What do VTSI investors consider a reasonable profit margin on their position??
From 10 cents:
20 cents = 100%
50 cents = 400%
$1.00 = 900%
Unfortunately, a 50 cent share price for some of us may only represent a 30% gain or no gain at all. One must take into consideration the loss of opportunity over several years. For example, an investor averaged in at 41 cents over 4 years with a 10% earning opportunity would need VTSI to reach 60 cents to break even.
Many investors may not like to reveal at what share price they are averaged, but they may reveal a reasonable profit %?
Anyone?
Recent VTSI News
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