GREY:VVVFF - Post by User
Post by
profitinvestoron Nov 23, 2009 9:57pm
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Post# 16516490
LOW RISK
LOW RISKWith the pricing of this financing at
.105, we in effect have a an established base. These guys are not going to lose money on 40 million shares, they will eventually cash out at something significantly higher than
.105 cents. So anyone buying here has very little long term downside risk, almost like buying a warrant with no expiry date and with the prinipal guaranteed.
Despite the lessthan positive line of thinking of the real long termers here i am tempted to buy more keeping in mind that historically buying vv at around 12 cents or less has been a profitable proposition.