Wednesday, May 12, 2010 12:04:04 PM
Now is this a risky stock... of course it it. But at this point I don't see them doing anything that they haven't done in the past. They have a history of doing this.
Most people agree that if they do report, the numbers will be good and we will see well over $1.00 PPS. The only reason the stock is as low as it now is because of fears of them not reporting. Without that we would of stayed over $1.00
Now if they don't report Monday we could easily see this stock trading at .25 IMO. But if they do report and I feel this is MUCH more likely since they have always reported in the past we can easily see 300% gains or higher. I personally think the risk is well worth the reward.
I have owned JADA a long time and road my shares up from .33 to .86 when I sold out before. I bought back on the dip at and average of .375 watched it go up to the .60's and seen it come all the way back down. Even though I currently own over 100k shares I'm still happy with my position and hope that tomorrow we go even lower so I can buy even more. To me the worst case senerio is that I lose my previous gains in JADA. I'm willing to risk that since it is an educated risk.
I guess Monday we shall see!
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