Traack Technologies Inc (TRAA)

[Hogheadmike]

The important concept for longs to remember is that emotional crap has no place in stock investing. While nothing is "safe" in the world of investing, this company has not given us any reason to think that it would be insolvent or untrustworthy. In fact, "safe" stocks such as major blue chips found on the DOW are in my opinion junk investments. Interest rates are artificially low and the entire "safe" market is overbought. Therefore, I look toward penny stocks with potential and solid, variable management in lieu of speclatory "safe" plays. As long as one does not need the money now, at hand in their checking account to pay bills, investors should seek out plays such as GTRQ if they have any intention of preserving wealth in a world of degrading inflation. Ask this question: Where will GTRQ be in one year's time? Will it be higher than today? If I leave my money to sit in a checking account it will inevitably be worth less this time next year as inflation (contrary to fed statements) is atrocious right now. Where was GTRQ one year ago? Overall, I see this as a pretty solid long term investment (though a bit speculatory) and I'll be damned if I let my savings be eroded by the Federal Reserve's inflation. The short term chart readers need to get a life.