Current Trade

Thursday, February 4, 2010

Safe Play

There is no such thing as a safe play...

There is only speclative safe plays that can be worked with profitable success at an average rate that exceeds the average rate of loss. Win more and bigger ... lose less and smaller.

The thing we fear most is money loss that is unrecoverable... so we limit that potential as much as possible.

VGN has a low share float and a low share price.. This almost completely eliminates the worst of the worst... a Reverse split.

Cash in the bank and low Debt... Great gorilla in the sky.

This may not be the fastest way to riches, but if you want to play pennies, a core position for a long hold could surprise.

VGN has revenue... HUH! yipes it is taking royalties from previous successes and is now looking to build on keeping successes rather than JUST ROYALTIES.

Does this gaurantee success...? Nope! But it is a play that can be worked business like in the penny world.


GLTA Lostoutwest
Kenuck SmallCap Trader

National Post

Grandich

StockCharts Public Chart List

CBCnews


Please read our Complete Disclosure

No comments:

Post a Comment