Replies to post #4733 on Jade Art Group Inc (JADA)

[casperboo]

Some buyers agree with you as we had 28,000+ shares trade today at .034. I regularly check stockta.com and it is showing 3 support levels for JADA (at .02, and two at .03). Resistance is constant at .04, .05, .06...but that's to be expected.

With a 50 year contract giving them rights to the Jade mine it is my opinion that this is buy and hold at .03. This was very strong in the .30s once...and will be again imo. The float is only 50,000,000 shares - it will NOT take much BUYING to get this back to .075 and beyond.

[hillzman]

I agree and would add that their subsidiary "JST" is the actual business and it appears from several calls that they are processing and selling jade. They actually have very little use for JADA as a platform since it also appears that plans to become vertically integrated are at least on hold. If they do eventually move forward with those plans JADA could "come back to life" in a hurry and we would again get at least the SEC filings and updates on the website. At current sp its worth a roll of the dice if for nothing else as a good "shoebox stock"!