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Re: NewMoney post# 212138

Monday, 01/28/2013 8:55:34 AM

Monday, January 28, 2013 8:55:34 AM

Post# of 312025
This is a very curious stock. Lots of things that make my hair stand on end but just as many things that keep me intrigued. I have seen lots of companies like this whether its oil, gold, biotech, technology. They have a very interesting story that promises to be a game changer. In oil, its the prospect of a great discovery where oil has never been found before or gold that suggests that they are on the verge of a large find. (I remember what Mark Twain said about a gold mine. He said, its a hole in the ground with a liar on top.) Biotech with a promising new treatment. These were all penny stocks or very low cap stocks. Most flame out and disappear.
Some go on to great things. Like Silver Wheaton trading at $0.10 in 2003, now at about $35. I have made fortunes and lost fortunes on these things. I have a small position in JBI now and will trade it. My last trade this month bought my family a Caribbean vacation so why not.
I would advise that you have to use discipline here and keep some tight mental stops in place or have a plan to take profits at pre determined levels. I suspect there are some big things ahead but I certainly cannot guarantee it.
I am not trying to provide advice here. Everyone can do their own thing with their holdings. Just trying to help with my thoughts.