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Thursday, December 27, 2012 1:56:03 PM
from the maestro of VRNG!!
Well after a year of swing trading this baby, I accumulated 23,450 free shares in this company starting with a $15,000 initial investment which is no longer being risked here. I believe I made 17 swing trades all but one was a profit and two were break even. The entire time I had to listen to both sides screaming it was going to $60 by EOY, and it was worthless because they had no business!!
In retrospect I reinforced what I always knew about investing, and that is trust no one, and it never works out like you think, so always hedge your bets!! been a great year, and looking forward to swinging another risky POS next year!
all the best and thanks for the 23,450 free shares!! they have been put away for good now, and I will revist this one in 3 to 5 years!!
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