As Web's World Turns

[dmk112]

DMK, get with the times bud. this is skiracer dressed up in a new name. same old thread just a new username. but thanks for the welcome anyway. and i want to see that you posted that you bought it a $4 when it drops to that point.

Oh haha.. it's ski! sorry, i've been out of the loop!

[skiracer]

Ski,
Very true but for every .20 stock that gets to 7.00 there are 500 that never do.

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

probably 5000 billy

[billyjoe]

i wish i had listened to webs when he first mentioned the stock. the first time i read his posts about it the stock was selling for around .50 / .60. i didnt buy it the first time until around 1.50 / 1.60 level. this is one of those stocks that could have changed your life at a .20 entry and you weren't afraid to take the plunge.

Ski,
Very true but for every .20 stock that gets to 7.00 there are 500 that never do.

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

[skiracer]

Regardless of how things unfold for JBII, this has been an interesting study in stock trading. I, unfortunately represented the "how not to trade" side of the arguement. Ski, the "how to speculatively trade successfully", and Webs may in the end be sending out " I turned my .20 stock pick into a million dollar winner" newsletter.

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

i wish i had listened to webs when he first mentioned the stock. the first time i read his posts about it the stock was selling for around .50 / .60. i didnt buy it the first time until around 1.50 / 1.60 level. this is one of those stocks that could have changed your life at a .20 entry and you weren't afraid to take the plunge.

[skiracer]

Belaruski, welcome to the board!

Good post but if we could buy at the bottom and sell at the top I think we would all be rich.... I think a buy @ 4 is good for JBII and I would be out if it breaks the recent lows.

DMK, get with the times bud. this is skiracer dressed up in a new name. same old thread just a new username. but thanks for the welcome anyway. and i want to see that you posted that you bought it a $4 when it drops to that point.

[billyjoe]

Regardless of how things unfold for JBII, this has been an interesting study in stock trading. I, unfortunately represented the "how not to trade" side of the arguement. Ski, the "how to speculatively trade successfully", and Webs may in the end be sending out " I turned my .20 stock pick into a million dollar winner" newsletter.

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

[dmk112]

this is how i see it and of course it is only my opinion but here are some interesting numbers based on Webs entry price of .20 and if he had bought 10000 shares at .20 which would = $2000 and the stock went to a high of $7.70 on the first run-up and $7.10 on the 2nd run up. if Webs had sold on the first run-up at $7 he would have cashed out his 10000 shares at $70000 which is a $68000 gain or 3400 %. then if he would have taken his gains of $68000 and re-entered again at around $3.75, with their money free and clear of any of his own, he would have 18133 new shares free and clear. then when it went back up to $7.10 on the 2nd run-up and he sold out at $7 he would have made 3.25 per share x 18133 shares or another $58922 and another 86% gain on the 2nd trade. that would = a total of $126932 on his initial $2000 investment or 6346 % and still could have gotten in anywhere that he wanted to if the stock does continue further up which is anyone's guess and strictly conjecture at this point. now everyone does what they want to with their own money but in this game you only get chances like this a few times in your life and personally i would rather be sitting on the $126932rather than 2000 shares at yesterdays closing price of $4.40 which would come to a gross of $44004 or $42004 profit which is nothing to laugh at but is still only on paper and the hope that he will be able to get that after todays action. of course there is the possibility that the stock will go to $50 but if your were to wish in one hand and shit in the other you know which one is going to fill up first.

Billy, i think you're a smart guy and knows what he is doing. regardless of how this situation transpired for you and what the final outcome is don't limit yourself because these two trades didnt turn out the way you wanted or expected. use them as two very important learning experiences and get your money back.
i also think this stock and it's performance has been a great study on how important timing and momentum are in trading any kind of stocks. two of the key aspects on the road to becoming a complete trader whatever your discipline may be.

Belaruski, welcome to the board!

Good post but if we could buy at the bottom and sell at the top I think we would all be rich.... I think a buy @ 4 is good for JBII and I would be out if it breaks the recent lows.

[skiracer]

Interesting..... think Spike was lookin' @ $3.55

i havent been to over there in months so i dont know what is going on over there. i re-entered at $3.75 on the 2nd trade and will do so again if it gets that low.

[Websman]

Ski,
If interest and volume in JBII dry up, it's toast, maybe for years hovering at the $1.00 level. Unless JB comes thru with his P2O claims it's a whole new story. Concrete results are needed soon.

----------billy

AGM will be April 28th...JB says there will be a P2O up and running for all to see.

[Lyehopper]

........ i would re-enter at anywhere from $3.50 to $3.75

Interesting..... think Spike was lookin' @ $3.55

[billyjoe]

Ski,
If interest and volume in JBII dry up, it's toast, maybe for years hovering at the $1.00 level. Unless JB comes thru with his P2O claims it's a whole new story. Concrete results are needed soon.

----------billy

[skiracer]

interesting situation this morning with JBII. 670 shares traded. very little interest in the stock this morning.

[skiracer]

that's right, after a dozen press releases, yes JBII popped up to $7.10 and stayed over $7 for about three minutes and only traded about 20k shares up there.... and it has fallen like a rock since that day (down 40-50%)

you must admit that it looks like a "pump and dump"

Ski.... let's say a fella cares less if the company has any real revenue and profit potential.... and he only looks at charts.... at what share $price would you be buying JBII again?

do you currently own it?

lye,
i'm looking at the chart and the momentum indicators which are primarily timing. i stated in a couple of earlier posts that i would re-enter at anywhere from $3.50 to $3.75 which was my 2nd entry. i'm out of the stock with my profits and will re-enter if it drops to that level. it hasn't really been able to sustain recent price levels above $4.

[Lyehopper]

........ and went to over $7.10 again before dropping back to where it is at today.

that's right, after a dozen press releases, yes JBII popped up to $7.10 and stayed over $7 for about three minutes and only traded about 20k shares up there.... and it has fallen like a rock since that day (down 40-50%)

you must admit that it looks like a "pump and dump"

Ski.... let's say a fella cares less if the company has any real revenue and profit potential.... and he only looks at charts.... at what share $price would you be buying JBII again?

do you currently own it?

[skiracer]

this is how i see it and of course it is only my opinion but here are some interesting numbers based on Webs entry price of .20 and if he had bought 10000 shares at .20 which would = $2000 and the stock went to a high of $7.70 on the first run-up and $7.10 on the 2nd run up. if Webs had sold on the first run-up at $7 he would have cashed out his 10000 shares at $70000 which is a $68000 gain or 3400 %. then if he would have taken his gains of $68000 and re-entered again at around $3.75, with their money free and clear of any of his own, he would have 18133 new shares free and clear. then when it went back up to $7.10 on the 2nd run-up and he sold out at $7 he would have made 3.25 per share x 18133 shares or another $58922 and another 86% gain on the 2nd trade. that would = a total of $126932 on his initial $2000 investment or 6346 % and still could have gotten in anywhere that he wanted to if the stock does continue further up which is anyone's guess and strictly conjecture at this point. now everyone does what they want to with their own money but in this game you only get chances like this a few times in your life and personally i would rather be sitting on the $126932rather than 2000 shares at yesterdays closing price of $4.40 which would come to a gross of $44004 or $42004 profit which is nothing to laugh at but is still only on paper and the hope that he will be able to get that after todays action. of course there is the possibility that the stock will go to $50 but if your were to wish in one hand and shit in the other you know which one is going to fill up first.

Billy, i think you're a smart guy and knows what he is doing. regardless of how this situation transpired for you and what the final outcome is don't limit yourself because these two trades didnt turn out the way you wanted or expected. use them as two very important learning experiences and get your money back.
i also think this stock and it's performance has been a great study on how important timing and momentum are in trading any kind of stocks. two of the key aspects on the road to becoming a complete trader whatever your discipline may be.