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Re: bell345 post# 2309

Friday, 12/12/2008 8:12:38 PM

Friday, December 12, 2008 8:12:38 PM

Post# of 10237
bell--JADE.......................
I owned JADE in part of 06. I made a little, but sold before the big run. The problem as I see it is that JADE opened a ton of retail gemstone jewelry stores in China called ENZO. In China they don't have to report same store sales, meaning how did stores open for a year or more do compared to a year ago. The ENZO stores looked good on paper because the new stores did well, but after the novelty wore off same store comparisons probably are not doing well, but we can't know that because of the way they report. I do think it was way oversold, but it did have a nice rally this week.

Use these thoughts as you choose.

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