Not telling anyone what to do with their money, but for me I am not worried about this at the moment, movement up or down on no news is just movement based on other peoples investment plan. For example, someone today decided enough was enough and exited, probably moved their, what was it $20k?, elsewhere in hope of faster money, could of perhaps been someone taking a position for the week hoping VIC announce drilling starting and getting a couple of pips in a week but then leaving late on a Friday arvo to have money for the weekend coke binge.
My investment plan was always based on the drill bit here, after VIC got the tenements I watched for a bit and waited for the retrace. Yep I didn't get the bottom but 99 times out of 100 you wont get the bottom (and 99 times out of 100 you wont get the top). But I won't be impatient and change my investment plan based on other peoples buying and selling (or ramping).
I'm waiting for results. Which realistically will be another couple of months away, until then well it looks crap on paper, but my old investing mentor told me it's not just about picking the top or the bottom, it's about the time in the game.
GLTA, patience is key.
VIC Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held