Sunday, August 31, 2014 5:40:56 PM
It's in an area that's hot.
Although its trading pattern has been in the .0001/.0002 range for a long time, it hasn't flat lined (flipper's paradise?).
It has recent signs of life: http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=EBKYunR%252br1tMtr3R6IwLLg%253d%253d&CorpName=VENDUM+BATTERIES+INC
Given this data alone, getting in at .0001 with a small position (a couple of hundred dollars) seems like a good move. The upside potential could be in the thousands and the downside (a possible reverse split) could probably cost me just over a hundred bucks (assuming I managed to get out quickly at a decent price).
Since I've been thinking out loud (so to speak) and I have done very little research, does anyone want to weigh in on my thoughts?
Thanks.
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