Replies to post #2614 on VirTra Inc (VTSI)

[berstein]

KauaiPI:
How many extra shares did you pick up today? I have an order in for 10,000 at ask(0.1) and they wouldn't take my money....Hmm...... very strange trading day...

[KauaiPI]

berstein~actually got the first shares under a dime (.09) but felt that .10, with the current prospects after the seemingly successful demo, justified the extra penny lol

most of the longs are not babysitting VTSI on a daily basis! So, we miss out the lows and the highs

I use GTC limit orders to purchase here as I don't have the time either. My system is pretty simple... I determine IN MY MIND what I feel "fair value" is and then place an order at that point and HOPE I am correct. I won't chase a stock that doesn't fit that criteria.

It has not always worked to my favor but as I have stated, based on what is known, am not feeling uncomfortable with this trade at a dime.

Best!

kp



"To accomplish great things we must not only act,
but also dream; not only plan, but also believe."

[SirFelix]

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?