Mar. 20 at 11:20 PM
$VNDA FACT, this general market could move signifcantly lower. It can get much worse than you can imagine or stomach. In the last few years, more unsophisticated investors that think good stocks always go up, or that, you have to buy the dip. Yes, money most faster today, however, the dip could still last a year. If the world(oil, war, debt) doesnt normalize soon, all bets are off. Currently, VNDA makes no money. People are paying up for what may happen in 2 years, or 5 years. If things get scary, people are not going to pay up for the future and they will pay for right now only. Worst case is basically cash value. Does that make VNDA worth
$5? 4$ heaven for bid,
$3?! Do not use margin. The market can be irrational longer than you can stay solvent. And, we are due. It may be time to get the kids off the street. If you did not experience 2008, you have no idea how low a real company's stock can go.