Jade Art Group Inc (JADA)

[bottomed_out]

Here's why I don't think JADA will ever be worth more than $.40 again. JADA has cyclical sales. The third qtr is historically their best. This year it was their worst. By far. Imagine what their next qtr sales will be based on this last qtr sales. And, as someone already pointed out, they have a ton of A/R still to write off. Unfortunately, JADA is only going to sink further and further into oblivion. The only thing worse than the people who bought JADA at $.40 are the people who bought JADA at $.20 thinking it will rebound.