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Verisante Technology Inc. V.VRS


Primary Symbol: V.VER.H

Verisante Technology Inc is a Canada based medical device company. It is engaged in commercializing medical systems for the early detection of cancer. The products of the company are Verisante Aura which is for skin cancer detection and Verisante Core which is for lung, colon and cervical cancer detection. It utilizes a cancer detection platform while the operating software and probe technology. The group generates revenue from the sale and renting of its medical devices.


TSXV:VER.H - Post by User

Bullboard Posts
Post by gaserx2on Feb 19, 2013 11:21am
243 Views
Post# 21009878

Math 101

Math 101

 The three amigos that keep showing up here to bash VRS, if their intent is to knock our price down and keep us at bay in order to offset their losses at Mela. That is not a prudent move. I offer my suggestion below:

Bought Mela 50000shares@$5.00=$250000.00

Sell know 50000shares@1.60 =$80000        Loss=$170000.00

By VRS  125000shares@.57 =$71250.00

Hold for now and sell  125000shares@$2.60=$325000.00  Profit $253750.00 [Based on Zacks est.]

Loss on Mela can offset gain on VRS. That is what I would do. Makes no sense to keep bashing in order to offset a loss from a competitor. "Can't beat em join em." So if this is their motive as suggested, it's time to start anew thinking process. Go to the positive. Just simple math to me. IMHO. 

Bullboard Posts