Current Trade

Friday, May 29, 2009

DON.V

DON.V technically looks like a stock on the rise... It has popped and fallen back to support(.17)... although it appears to be slow, it is probably one of a few good low risk summer picks for a move that may last into the fall or longer, and it is possible to see 100 to 200% at some point in a relatively safe price range. Anything above .80 cents may be construed insanity and insanity may be justified at the time.

Fundamentals are good... As I have said before it is just a case of more interesting possibles elsewhere, however 10,000 shares under .20 cents preferably under .19 should see a double at some point. This pick remains in our pick portfolio because the price to the fundamentals suggests good potential in a moment of insanity, however compared to some other juniors... even without the insanity, Don is a solid gorilla play.

A cut or three above a poker play as with all Juniors with good speculative fundamentals.


GLTA Lostoutwest
Kenuck SmallCap Trader

National Post

Grandich

StockCharts Public Chart List

CBCnews


Please read our Complete Disclosure

No comments:

Post a Comment