Originally posted by ohyeah76
"Proves that the market is hungry for good V news"
does it?
or is PUR just another pump and dump.
AVL and TMT have been legitimate for years... yet they haven't had half the gains of other V stocks.
KRC went mental last year to 19c... was the market hungry for good V news?
or was it just the stock chosen by the masses to make money on?
i'm not challenging in the negative... but i think we sometimes see what we want to see and not what is actually there.
V has come off the sexy boil... it's not what it was early 2018.
the 'relatively' high capex's across the V board are probably hindering market sentiment towards a commodity that has, historically, had low prices.
robust NPV's are one thing, but if the market was believing they would get off the ground, surely the legit companys would be trading at multiples of today.
The real problem has been, and I pointed this out at the time, neither AVL or TMT followed the V price up but have fallen back with it. DB