I like the concept of the company, the involvement with startups, etc.
.. I've been vocal on questionable valuations of cross owned companies, etc. Lot of unanswered questions.
My concern is with the companies structure, it is very easy to manipulate
what investors "see"
That said, when a stock tanks for little or no reason I evaluate the
risk reward and buy if its worth the risk.
.. and thats also why I sold a portion today, when a stock unexpectedly heads up over 10% , I usally have limit orders in to sell a percentage.
I still have concerns, its just that sometimes the chart makes taking
a position worthwhile, despite them.
Hope the company flourishes, and I'll continue to buy on weakness while
I evaluate this for in regards to long term holding.
"do you mind if I ask you what your reasons are for owning this stock? I understand if you dont want to answer, but I was just totally caught by surprise to read that you sold half a million shares today. I'm not surprised you sold, but surprised you owned any to begin with. I hadn't ever seen anything in your previous posts to suggest you like the stock, so I didnt think you'd buy it. And my reasons for asking why are very sincere and good intentioned: I'm honestly wondering what about VSTR looks good to you, as it may be very different reasons than why I own it. Perhaps I'll like the stock even more when I hear your positives. We don't seem to share much in our view of the company, at least when it comes to what we post here. With that said, you have voiced some concerns in the past that I totally see where you're coming from."