Jade: the truth behind this masked stabbed murdered gem.
If I bought JADE on SEPT 07, 2007 at opening price of $6.49 and sold at highest price for that day at end of day I would have had a .16 gain or $160.00.
Now if I would have done the same thing for about 4 months that is up to today (buying each and every day , every day, every day at open and magically able to predict highest price to execute a sell) when price hit its highest today @ $5.37 or plus 1.12 ( actually $1120 less) below original starting price of $6.49 (on Sept .07,2007) I would have managed to have a 31/2 bagger …..
harvesting the $6490 to a cool $20,840……….. (ha a buy and hold would have produced a $2040 loss at close today of $4.65.).
To check the long figures one can just check the historical prices and mark the net per day.as it happened each day gave a zero or a profit, never a loss.on three different days the possible profit was between $1300 (plus 1.30) and $1900 (plus 1.90).
It is so easy for a game theory fund to exert a painting of volume either way to bounce this back and forth for big dollars..they could match a closer 3 bagger as they lead the buying or selling leaving minions like me to try to predict their moves in a climate of fear and panic. But I think the game is worth playing.
Sample of part of 4 month tally:
open high
4-Jan-08 4.56 5.37 4.31 4.65 3,806,400 4.65
3-Jan-08 5.35 5.40 4.63 4.68 2,134,300 4.68
2-Jan-08 5.57 5.85 5.29 5.45 1,981,400 5.45
31-Dec-07 6.53 7.05 5.40 5.72 16,374,600 5.72
28-Dec-07 3.80 3.84 3.35 3.47 1,452,800 3.47
27-Dec-07 4.20 4.20 3.60 3.77 1,301,400 3.77
26-Dec-07 4.40 4.49 4.15 4.20 454,700 4.20
24-Dec-07 4.20 4.37 4.15 4.37 411,000 4.37
21-Dec-07 4.04 4.22 3.85 4.12 767,500 4.12
20-Dec-07 3.61 4.49 3.61 3.95 1,785,300 3.95
19-Dec-07 3.65 3.70 3.50 3.59 371,900 3.59
18-Dec-07 3.78 3.92 3.51 3.63 600,100 3.63
17-Dec-07 4.20 4.21 3.51 3.53 923,700 3.53
14-Dec-07 4.15 4.52 4.04 4.19 592,400 4.19
13-Dec-07 4.18 4.29 4.02 4.14 430,000 4.14
12-Dec-07 5.09 5.10 4.00 4.14 1,197,300 4.14
11-Dec-07 4.93 5.34 4.78 4.89 923,000 4.89
10-Dec-07 4.91 5.20 4.71 4.93 799,100 4.93
7-Dec-07 4.85 5.29 4.36 4.85 1,955,700 4.85
6-Dec-07 3.56 5.38 3.56 5.10 4,194,700 5.10
5-Dec-07 3.31 3.60 3.31 3.52 588,000 3.52
4-Dec-07 3.42 3.45 3.19 3.25 341,900 3.25
3-Dec-07 3.62 3.71 3.29 3.45 544,100 3.45
30-Nov-07 3.41 3.50 3.39 3.45 541,200 3.45
29-Nov-07 3.23 3.40 3.11 3.39 1,021,700 3.39
28-Nov-07 3.05 3.30 2.95 3.10 756,000 3.10
27-Nov-07 2.60 3.22 2.58 3.10 1,458,800 3.10
26-Nov-07 2.44 2.94 2.31 2.62 866,400 2.62
23-Nov-07 2.52 2.56 2.32 2.39 343,800 2.39