got 1300 shares at 2.69 a year ago.watched this stock drop hoping for a good rebound.if target price is 1.01 should i sell and get back in lower or will this stock come back in a year or two.if it comes back what price?
I like a simple analogy. A Man stops at a grocery store to buy a dozen eggs on Tuesday @ .89. On Thursday the Man goes back to the grocery store to buy beer. The grocery store is having a sale on one dozen eggs for @ .29
Does the Man buy more eggs? 9 out of 10 people polled say yes!
If you liked VCMP @ 2.69 you got to love it at .59!
From your message you have 1300 shares at approx 3,497.00.
You should cost average 8700 more shares @ .59 for5,133.00 not including ticket charges.
This would give you 10,000 @ .863 = 8630.00
a Target price of 1.01 would translate to a .147 gain or 17% (8630.0 X 17% = 1,467.10)