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re: Voyager - VYGVF Due Diligence

Posted on 7/13/21 at 3:01 pm to
Posted by NEMizzou
Columbia MO
Member since Nov 2013
1369 posts
Posted on 7/13/21 at 3:01 pm to
I bought this stock a few months ago when it was at $20, saw it rise pretty darn close to $30 and then just absolutely tank when the crypto market tanked and just sorta trade sideways for the last 6 weeks. To be honest I can't figure it out; revenues seem to be record-breaking each time they're released but the stock just seems to be a dud. Volume is really low also which I think keeps it from doing much of anything.
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3121 posts
Posted on 7/13/21 at 3:39 pm to
quote:

To be honest I can't figure it out;


It's because many people associate it to Bitcoin in their minds...compare the BTC chart with the VYVGF chart for April and you can see the similarities. It shouldn't be viewed that way since Voyager is a brokerage. BTC volatility is great for Voyager since they make money on trades. Once they're on the TSX they will have to start filing quarterly reports and then investors will start to see its real value.
Posted by playmakers in space
Member since Sep 2018
1266 posts
Posted on 7/13/21 at 6:13 pm to
quote:

I bought this stock a few months ago when it was at $20, saw it rise pretty darn close to $30 and then just absolutely tank when the crypto market tanked and just sorta trade sideways for the last 6 weeks. To be honest I can't figure it out; revenues seem to be record-breaking each time they're released but the stock just seems to be a dud. Volume is really low also which I think keeps it from doing much of anything.


Almost the exact same experience here. I cut this thing loose on Monday to buy more Standard Lithium. I'll get back in this stock when it actually picks up some momentum again. It's not a bad load zone at all in this range, though.
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