As I recall, JADA began its radical rise in Spring of this year and completed its journey in a matter of mere days, not months. It then retreated to pre-rise levels without notice or explanation. That smacks of manipulation to me.
As for CHFI, I had a position in that one and did well enough. Unfortunately I gave some of it back when the last shares I'd kept tanked.
Truth be told---we have no way of verifying that CHFI was a meaningful factor. What we do know is that there was printed evidence. Lies are often printed too. LOL
JADA may climb again as it did previously. Without evidence in support of that likelihood, I won't invest again just yet. I won't mind paying 50 cents for a share I believe is destined to make it back above $1. First, though, I need to believe history will be repeating. And TA is a sucker's bet for all evidence must be based on a single rise & fall event occurring earlier this year. Fundamentals will always win out.
I love quarterlies purporting to rest firmly on projected earnings, even realized ones. Unfortunately, I don't trust that such reportage is accurate or honest. In fact, I see ample room for manipulation. The fact that I can't attribute my suspicion to any individual connected with the company is immaterial for there are many things I don't know. What I do know is that there are probably more folks here in this pick who are underwater than not. Sitting around, waiting for a hunch and a hope to come true isn't investing...nor is buying into what may be no more than a bunch of lies coming from a country we Westerners hardly trust with respect to their business practices very much unlike those with which we're familiar.
Meanwhile, I'm watching for signs of life at which point I'll reconsider getting back into the stock. After all, I never met a profit I didn't like.
WT
