Jade Art Group Inc (JADA)

[value1008]

OMG!!--she's closed at 1.01 on 10-cent runup in very last few minutes.... Amazing finish-- simply amazing! These last-minute upward spikes we've had on several days since the run started on 3/22/10 have been tremendous, and this one was THE MOST TREMENDOUS!

Post-market bid/ask is 1.00/1.20.

Again, need i remind anyone that on likely 2009 EPS of around 0.20, the new pps still only represents a trailing P/E of 5; on conservative EPS of .30 for 2010 (less than Q3's 8-cents EPS annualized), we're looking at a forward P/E of just 3.3.

Which is to say that JADA is STILL undervalued.

No wonder folks (and institutions?) are still sucking up shares.