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VCAMPUS CORP Message Board

  • senco100 senco100 Oct 25, 2005 7:52 PM Flag

    selling price?

    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?

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    • Hi senco100

      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)

      If you look at

      you will see a definite support level forming.

      Stop Worrying and Start Loving VCMP
      Skills2invest / Marci

0.000010.0000(0.00%)Sep 12 11:01 AMEDT