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Here we have the long term chart:
The stock was at $8 just a few months ago. Now it's sitting at the $0.20 level, with 2 million stocks changing hands and making beautiful white marubozus.
If it rises above $0.23 in today's session I believe we have at least a 100% short term move in our hands. But I'm putting just 6.66% of capital in this pick (like in all others), and I'm prepared to lose a lot in percentage terms if things go bad.
A speculator must know there's risk in the market. But he's not a speculator if he doesn't put some money in his beliefs. So I'm buying VNBL.OB at today's open.
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