TSXV:BXR.H - Post by User
Comment by
travismcgeeon Aug 24, 2013 10:30am
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Post# 21695026
RE:Travis, I'm here just to point out the obvious which many can't see when they're caught in this environment....
RE:Travis, I'm here just to point out the obvious which many can't see when they're caught in this environment....
For the most part you are spot on Red, it's all meat now, sizzle counts for nothing. The only alternative is to buy extremely beat up and grossly oversold stocks (with reasonable sharecount) like I did with RL @ .01 and it's now @ .03 or GSX which is now grossly oversold/underpriced @.015. Did the same with your favorite DCY which I bought at .02 a few years back and sold for decent returns. Waiting for great news like CXO or NAN recently is a longshot at best, although I like BXR's chances as good as any cheap play right now.
This sure isn't 2005/2006 when the Venture was a $$$ printing press, the current environment is beyond brutal no doubt.