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Saturday, November 13, 2010 8:08:22 AM
ORFG is another pinky clunker in the gold area. I've got many many times more $ riding on JADA, but small bets on pink sheets are sometimes tempting too.
JADA can run up on generally increased/sustained interest in US listed china plays, increasing PE ratios. Jade prices go up, all things equal, JADA's EPS, margins, etc all increase. Someday, it could become practical for chinese citizens to invest in US listed china stocks...I'm not sure why it's not already happening, but that alone could quadruple our share price with JADA. One really good Q, which could be announced next week, could push us to $1.50, then JADA could be on a path to uplisting with min. or no reverse split...an uplisting alone with current fundies could double or triple JADA's price. So, looking out 1 to 5 years, I can see a split adjusted rise to the $3+ area easily...why not ride free stock up up and away...
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