I have 22 consecutive profitable trades of 15% or better. How is this possible? Every day there are hundreds of stocks setting new highs, no matter what happens in the overall market. Many of these stocks are still at very reasonable valuations. Afraid of buying stocks at their highs? Think of it this way: a new high is really a future floor for companies with solid financial underpinnings. Quantitative momentum modeling makes it easy to identify stocks that can continue this upward momentum trend. Why does this happen? It's really very simple..ask me about what investors and cows have in common. I am $$$ MR. MARKET $$$. I AM HUGE!!! Bring me your finest meats and cheeses. You can join in on the fun. Register for free and you'll be able to post messages on this forum and also receive emails when $$$ MR. MARKET $$$ makes his own trades. ($$$MR. MARKET$$$ is a proprietary investor and does not provide individual financial advice. The stocks mentioned on this forum do not represent individual buy or sell recommendations and should not be viewed as such. Individual investors should consider speaking with a professional investment adviser before making any investment decisions.)
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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.
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.
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.
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!
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...
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.
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.
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.
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.)
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?.
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