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  • billyjoe
    Senior Member
    • Nov 2003
    • 9014

    I got lucky. Sold out at 2.65. Before it had been low as 1.50 and now it's 2.00 so my lesson has been learned............again.

    ----------billy

    Comment

    • skiracer
      Senior Member
      • Dec 2004
      • 6314

      welcome back karel. hope you had a very nice vacation. I sold my first trade at $7.05 and the 2nd trade around $7. you must take those gains when you have them. the problem is that most people keep thinking that if they exit then the stock is going to go up further without them but then it drops after everyone else takes their gains and those that didnt realize that they let those gains get away again and have to settle for a loss or a much smaller profit. i've been there and done that a number of times but no more. i learned my lessons. not to be greedy, not to wish in one hand and shit in the other and see which one fills up first, and if your up 200/300/400 % or maybe 2000 or 3000 % you had better be happy and take the bird while it is in your hand.
      THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

      Comment

      • Websman
        Senior Member
        • Apr 2004
        • 5545

        I can't complain about my JBII gains, but had I listened to Ski, I could have made more.

        Ok Ski...JBII closed at $1.60 today...Where do you think the bottom will be? I'd be interested in hearing your thoughts.

        Comment

        • skiracer
          Senior Member
          • Dec 2004
          • 6314

          Originally posted by Websman View Post
          I can't complain about my JBII gains, but had I listened to Ski, I could have made more.

          Ok Ski...JBII closed at $1.60 today...Where do you think the bottom will be? I'd be interested in hearing your thoughts.
          I was serious about getting back in at the $3.50 range before that news item came out about the accounting firm quiting on them. that was a Godsend for me anyway. here's the weekly chart and how i feel. I don't want to pour salt into a wound but this should be a good lesson in taking profits when you have them. you can always reenter a stock at any point after exiting but it's hard to recoup gains once they are lost. knowing you Webs I'm sure there will be plenty of other winners. I'm hoping that they are as big as this one was at some point. you'll be ok. I'm may sound like I'm preaching to you but believe me I've been in the same boat more than once. it takes a situation like this to learn and understand. at least you didnt lose any money. I'm sure you still did well.



          Uploaded with ImageShack.us
          THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

          Comment

          • B.J
            Junior Member
            • May 2010
            • 6

            Props, Webs, for getting out on time. Sorry to those who did not.

            Comment

            • Peter Hansen
              Banned
              • Jul 2005
              • 3968

              Originally posted by skiracer View Post
              I was serious about getting back in at the $3.50 range before that news item came out about the accounting firm quiting on them. that was a Godsend for me anyway. here's the weekly chart and how i feel. I don't want to pour salt into a wound but this should be a good lesson in taking profits when you have them. you can always reenter a stock at any point after exiting but it's hard to recoup gains once they are lost. knowing you Webs I'm sure there will be plenty of other winners. I'm hoping that they are as big as this one was at some point. you'll be ok. I'm may sound like I'm preaching to you but believe me I've been in the same boat more than once. it takes a situation like this to learn and understand. at least you didnt lose any money. I'm sure you still did well.



              Uploaded with ImageShack.us
              Ski I had entertained thoughts about getting back into JBII....but there just seemed to be so many mysteries, and I did not want to lose the profits I had made.
              My advice for all those still hanging in there ......bend over grab your ankles and kiss your as* goodbye!
              LOL!

              Comment

              • Websman
                Senior Member
                • Apr 2004
                • 5545

                Originally posted by Peter Hansen View Post
                Ski I had entertained thoughts about getting back into JBII....but there just seemed to be so many mysteries, and I did not want to lose the profits I had made.
                My advice for all those still hanging in there ......bend over grab your ankles and kiss your as* goodbye!
                LOL!
                I agree...There are too many red flags right now...

                Comment

                • Websman
                  Senior Member
                  • Apr 2004
                  • 5545

                  Originally posted by skiracer View Post
                  I don't want to pour salt into a wound but this should be a good lesson in taking profits when you have them. you can always reenter a stock at any point after exiting but it's hard to recoup gains once they are lost. knowing you Webs I'm sure there will be plenty of other winners. I'm hoping that they are as big as this one was at some point. you'll be ok. I'm may sound like I'm preaching to you but believe me I've been in the same boat more than once. it takes a situation like this to learn and understand. at least you didnt lose any money. I'm sure you still did well.
                  Preach away brother Ski...You're absolutely correct. Although I made a few hundred percent in gains, I could have done better. I am sitting on a 240% gain on another penny stock so the winners keep coming in. I may consider JBII again, after it goes below a dollar.

                  Comment

                  • Websman
                    Senior Member
                    • Apr 2004
                    • 5545

                    JBII bounced a little today. Looks like a dead cat bounce to me, as there is no real incentive for the share price to rise. Another day of no filing and JBII will become JBIIE. My guess is that JBII will go up about .20 -.30 at the market open, then drift back down to about $2. Over the next few days, I think we will the share price drift towards a dollar. Buying at this point would be foolish, in my opinion.

                    Comment

                    • billyjoe
                      Senior Member
                      • Nov 2003
                      • 9014

                      I thought JBIIE.ob's first run was 1 in a million now the facebook crowd says this is your chance to make it all happen again. Many of JB's friends say they're buying all they can, sure that it will reach even greater new levels. Even though I've been burned 3X, I'm not that stupid.

                      --------------billy

                      Comment

                      • riverbabe
                        Senior Member
                        • May 2005
                        • 3373

                        Jbii

                        It's 3:10 PM and my charts and quotes say that JBII has 0 (zero) trades today! Is that correct??? And it's not suspended/halted. Wow!

                        Okay, I found it. WHEN did it become JBIIE.ob and what does that mean, if anything?

                        Comment

                        • microchips
                          Senior Member
                          • Jun 2009
                          • 147

                          Originally posted by riverbabe View Post
                          It's 3:10 PM and my charts and quotes say that JBII has 0 (zero) trades today! Is that correct??? And it's not suspended/halted. Wow!

                          Okay, I found it. WHEN did it become JBIIE.ob and what does that mean, if anything?
                          River you need a new watch coz its 8:10 here. JBIIE.ob is a dead duck

                          Comment

                          • riverbabe
                            Senior Member
                            • May 2005
                            • 3373

                            Originally posted by microchips View Post
                            River you need a new watch coz its 8:10 here. JBIIE.ob is a dead duck
                            It's only 5 hrs difference because we're on "daylight savings time." The rest of the year you're 6 hrs ahead. And you're sure right about JBIIE.ob. Dead dead dead as a doormouse! (That last word is one you recognize, altho over here we say "doorknob." Also, please note the placement of the period inside the " ". Drives me nuts. Makes no sense to me. One of the Americanisms I had to learn when I moved here from Canada.)

                            Comment

                            • microchips
                              Senior Member
                              • Jun 2009
                              • 147

                              We are right they are wrong!!

                              Originally posted by riverbabe View Post
                              It's only 5 hrs difference because we're on "daylight savings time." The rest of the year you're 6 hrs ahead. And you're sure right about JBIIE.ob. Dead dead dead as a doormouse! (That last word is one you recognize, altho over here we say "doorknob." Also, please note the placement of the period inside the " ". Drives me nuts. Makes no sense to me. One of the Americanisms I had to learn when I moved here from Canada.)
                              I"m thinking i am home just about to go to the pub for a nice cold lager or 10 and will be doing so for the next few hours and most people over in the US are still at work (ha ha ha). If the period inside the " ". drives you nuts tell everone they are wrong and go back to the Queens English. Are the supporters of JBII trying to talk the P20 back up on face book to try and get some of their money back or what?.

                              Comment

                              • billyjoe
                                Senior Member
                                • Nov 2003
                                • 9014

                                River,
                                In my part of Ohio we say "dead as a doornail". I have no idea what a doornail is except for a nail in a door.

                                ------------billy

                                Comment

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