Seven Arts Entertainment Inc (SAPX)

[sbc357]

Like I said a week or so ago. I got back to break even and now just hold a core position, and buy trading shares to trade around the core. If it goes up, the core will give me enough profits to be happy. If it goes down, I can then have more power with my trading shares, and my core is a small enough amount that I can now handle the losses just to reserve my chance at some profits if it should really make it to $1 within the next few months.
The loss risk to me now is only 35 points, and of course, I will not ride it all the way down. The profit(reward) potential is 70 to 170 points.

I like that risk/reward ratio!
Fine sitting where I am and only buying more if the earnings show it worthwhile.