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Re: J parker post# 11092

Tuesday, 11/06/2007 8:09:51 PM

Tuesday, November 06, 2007 8:09:51 PM

Post# of 41960
Yeah I was talking about JADE...really great company...but KPMG wouldn't sign off on financials. Good info on the JADE website for this info. My understanding is that KPMG wanted JADE to conform to US Accounting Rules. JADE isn't a US Companny and wouldn't. A delist is coming up at year end if they don't file...so they fired KPMG and hired a different accountant who won't hold them to Non GAAP standards...

From a Fundamental and Technical standpoint...If you aren't invested in JADE I would buy some...I really expect this stock to jump to $8-$10 as soon as the financials are released. I'm also guessing a short squeeze...if you check out the technicals the stock is way oversold in the last month. From about $13-3 in the last 6 months. A very good entry IMO...I purchased 550K shares with a $4.78 average price. Today I purchased around 3000 $2.50 call options for Jan/April...anyways that's the info...

Also another great stock if you haven't seen it is NTWK. They are releasing numbers this Thursday in premarket. Expect explosive results. My estimation based on numbers I've seen is $.08 and the street is expecting $.03. Company is on a major roll, has excellent financials and a huge gross profit. I would buy before Thursday morning if you're going to. I have added shares and now have 350,000 instead of the usual 100K I carry there. Wish you all the best...

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