and Potentia Capital sits just under 20% guaranteed any decent pull back on share price they probably launch a takeover, so there will be a decent floor price to sit on
I don't want to be selling my shares at 2.10 a share. Maybe $3. Took awhile to find this gem they arnt taking from me that easily
Well looks like my price of $2.95 is out of touch now. The portfolio is looking a little over weight on vista now but I wont be letting these go anytime soon. Performer of the year 😁
Well looks like my price of $2.95 is out of touch now. The portfolio is looking a little over weight on vista now but I wont be letting these go anytime soon. Performer of the year
TA-wise there is a noticeable resistance at the $2.75 area..Historically (2016 to 2018) VGL was range bound between $2.50 - $3.00 for nearly 3 years, however it was a different animal back then (now SaaS market valued). During the 2019 bull market euphoric year it reached $5.75. Therefore no one can rule out VGL going higher than $2.95.
TA principle is to buy/accumulate (not sell) up trending stocks and sell/divest (not buy) down trending stocks. Sounds simple huh?.
Actually it is that simple..unfortunately the human mind works in a paradoxial yet natural way and makes simple complex.. Thinking in a natural way feels comfortable therefore selling up-trending stocks and realise profits feeling afraid the stock might fall is not comfortable, yet not afraid to buy into a falling stock when thinking they are getting a bargain feels very comfortable.
Hi all. Yes, the Vista result was all about the fattening margins, even though the top line was a mite disappointing.
I wrote about it in my latest column which you can read here: https://justthebusinessjennyruth.substack.com/
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