To ad to my post, even though I generally only trust a few on Hotcopper, Varuka and I do go back a long way.
He is a milder version of another 'negative' poster who I have respect for, named Jamwolf.
Whilst Varuka doesn't exactly shower Vmoto or it's management with praise, he is at least consistent with his opinion.
Some could argue that he strikes at vulnerable times in order to buy at the bottom of dips and trade the bounce, but I do not believe this is the case.
In addition, Varuka is one of these guys who will cast emotion aside and re commit if the story (in his opinion) changes to the positive. Naturally I have no idea of the man's bank balance, but I get the feeling that if ever he were to wade back on to the register, it certainly wouldn't be with 200,000 shares.
In my opinion, his posts can't hurt our share price any more and in a funny kind of way, I sort of like the fact that he's still sniffing around.
Gottabuybackinoneday...
VMT Price at posting:
6.5¢ Sentiment: Buy Disclosure: Held