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Re: sr240sxt post# 969

Tuesday, 03/30/2010 11:14:52 AM

Tuesday, March 30, 2010 11:14:52 AM

Post# of 11699
On good financials and forecast, i see JADA easily moving to mid-$1 range on just a trailing P/E of 7 or 8 and forward P/E of 5.

Btw, it wouldn't be the end of the world if the stock didn't move up further today or have one of those end-of-day little upward spikes like it has several times seen since 3/22, and instead dipped later today to "digest" the gains and consolidate more thoroughly.

Would also flush out more of the traders and any weak hands and get shares into the hands of more "long and strong" investors. JMO.

This buying-selling-buying game can be fascinating to watch....

Again recall Buffett's view of the stockmarkets: a way to transfer wealth from the impatient to the patient.