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Red Rock Resources – at 0.03p it is a binary gamble

By Ben Turney | Thursday 30 July 2015


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


As a former online poker player, I learned two things from that excruciatingly dull game. First, life is too short. Second, how important it is to play the averages. I’ve probably gained the most from the first lesson, but the second has proven to be surprisingly valuable on a daily basis. It taught me that consistent success often requires making counter-intuitive calls based purely on the long-term mathematical probability of success of repeating the same decision. This technique can often be applied to trading AIM stocks and at current levels Red Rock Resources (RRR) might present just such a set up.

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