As Web's World Turns

[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.

[Websman]

Ski, I will say "CONGRATULATIONS Webs, you turned $#*+ into gold!.....

seriously folks.... I just can't see a justification for JBII's inflated market cap.

Not EVERYONE that has bought into JBII has made big $bucks.... just ask Billyjoe....

Marketcap means nothing to me...nor does financials.

[Websman]

Webs,
I've still got enough left so as to brag if it comes back.

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

Excellent Billyjoe....Maybe we will be celebrating soon!

[billyjoe]

Ok...You entered again at 5.60? I believe you will soon see, that if you would have held on to your 5.60 position, you would have made a very nice profit...just my opinion if course.

My original shares at .20 are still looking very good!

Webs,
I've still got enough left so as to brag if it comes back.

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

[dmk112]

JBII breaks 3.50 and it's toast... on the other hand, buying here has some good r/r

[Websman]

JBII has p2o..... Webs has s2g.... LOL!

I'll be the one laughing soon.... jejeje

[Websman]

Sure,
Entered 7.01 sold 4.68 loss 33%. Enter 5.60 sold some 4.35, loss 22.5%. From now on I only trade real companies with earnings and products.

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

Ok...You entered again at 5.60? I believe you will soon see, that if you would have held on to your 5.60 position, you would have made a very nice profit...just my opinion if course.

My original shares at .20 are still looking very good!

[billyjoe]

billy,
are you saying that you exited the first trade at a loss and then re-entered again and took another loss? where did you enter at the 2nd time and where did you exit at the first time if you don't mind releasing that info.

Sure,
Entered 7.01 sold 4.68 loss 33%. Enter 5.60 sold some 4.35, loss 22.5%. From now on I only trade real companies with earnings and products.

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

[skiracer]

Ski,
The rollercoaster made me puke the first time so why did I get on again?

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

billy,
are you saying that you exited the first trade at a loss and then re-entered again and took another loss? where did you enter at the 2nd time and where did you exit at the first time if you don't mind releasing that info.

[billyjoe]

Ski,
The rollercoaster made me puke the first time so why did I get on again?

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

[skiracer]

Ski, I will say "CONGRATULATIONS Webs, you turned $#*+ into gold!.....

seriously folks.... I just can't see a justification for JBII's inflated market cap.

Not EVERYONE that has bought into JBII has made big $bucks.... just ask Billyjoe....

not to knock billyjoe because he is an astute trader but maybe he's not quite acclimated to chart analysis and momentum trades as he could be. the time to get in was when it was around the 1.00 to 1.50 range or maybe the 2.00 range tops the first time around. im sure he was not the only one that watched the boat leave the pier and got mad at themselves over not taking the risk and getting in early and then seeing that the stock was really moving made a entry at near it's highs thinking that it was going to go much higher. but at that $7 range the stock was already up around 500 / 600 % and primed for profit taking by those that got in earlier and that is exactly what happened. whether or not it is for real or just a scam does not mean that you shouldn't take part in trading it if you can make profits with the play. it's just a matter of timing and being in at the right time and then exitiing at the right time. getting caught up in debating whether it is or isnt a scam is a waste of time. who cares. profiting from the opportunity of big moves is what's important whatever the stock is. everyone here had a great opportunity but procrastination holds alot of people back and then the timing is lost. and to say that Webs turned crap into $$$ should be taken as a compliment because that is exactly what he and a few others did with the play. but if i remember correctly billy asked the question about whether or not he should hold the play when it was down around $4.50 or so and i stated that i thought he should as he had already held it past where he should have exited the trade anyway and then it did go back up to over $6 and he should have had the opportunity to exit cutting his losses by a decent amount. i thought that's what he did. then the stock went to $3.50 and presented another great opportunity for entry and went to over $7.10 again before dropping back to where it is at today.

[Lyehopper]

JBII has p2o..... Webs has s2g.... LOL!

[Lyehopper]

Webs, i wonder what lye will have to say if this stock does go to $50. i know everyone has been poking fun and knocking it but the reality of the matter is that you brought a bigtime winner to the table here and anyone that didn't make the play because they thought it was a scam or BS lost out on a great opportunity no matter what it turns out to be.

Ski, I will say "CONGRATULATIONS Webs, you turned $#*+ into gold!.....

seriously folks.... I just can't see a justification for JBII's inflated market cap.

Not EVERYONE that has bought into JBII has made big $bucks.... just ask Billyjoe....

[steelman]

It looks like MAKO had a good buying opportunity at $12.50 or so on 2/11-2/12. There has been decent volume the last 2 days. MED in the same industry.looks like it could be ready to come off it's handle and would have more room to move.

ASPS has a nice up trending chart and nice accumulation. Next 5 years projected earnings are over 20%. The ANALysts have it rated as a buy or outperform.

Steel