As Web's World Turns

[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.

[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

[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.

[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.

[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]

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

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

probably 5000 billy

[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!

[Websman]

probably 5000 billy

I know how to find those 1 in 5000 stocks....You guys will be the first to know when I find the next one. Considering the way technology is progressing, I believe there will be more huge winners to come. The next few years could be very exciting and profitable!

[rix]

hey webs, IMO JBII is not a stock to trade (day trade), it has no earnings and is unpredictable, however if you believe in the CO buy and hold, at least til May. The potential of 1000PPS is there if it works like they say and so far i have every reason to believe them.

[Websman]

hey webs, IMO JBII is not a stock to trade (day trade), it has no earnings and is unpredictable, however if you believe in the CO buy and hold, at least til May. The potential of 1000PPS is there if it works like they say and so far i have every reason to believe them.

Agreed...I am still considering going to the AGM, so I can see a P2O in operation... Right now, I can fly into Pilly for $200...I might fly there and rent a car. I like road trips!

[Peter Hansen]

Webs Word Of Advice

Agreed...I am still considering going to the AGM, so I can see a P2O in operation... Right now, I can fly into Pilly for $200...I might fly there and rent a car. I like road trips!

Webs just don't rent a TOYOTA .....If that gas pedal sticks .....ya just might not make that meeting! LOL

[skiracer]

Agreed...I am still considering going to the AGM, so I can see a P2O in operation... Right now, I can fly into Pilly for $200...I might fly there and rent a car. I like road trips!

webs, where is the AGM going to be held. in philadelphia? if so let me know and i should be able to hook up with you there and we can have dinner and a few drinks together. I have good friends in philadelphia.

[riverbabe]

Agreed...I am still considering going to the AGM, so I can see a P2O in operation... Right now, I can fly into Pilly for $200...I might fly there and rent a car. I like road trips!

Webs, if you can, fly in to Buffalo. It's a whole lot closer than Philly! Or even Cleveland (3-1/2 hour drive).

[riverbabe]

webs, where is the AGM going to be held. in philadelphia? if so let me know and i should be able to hook up with you there and we can have dinner and a few drinks together. I have good friends in philadelphia.

JBI, Inc. ...announces that the Annual Shareholders' Meeting will be held at the Fallsview Casino in Niagara Falls, Canada in the Grand Ballroom E on April 24, 2010 at 2:00 pm EDT. The meeting will be open to all shareholders, prospective investors, money managers, and the media.

[Lyehopper]

roll 'em! baby needa new pair-o-shoes!

JBI, Inc. ...announces that the Annual Shareholders' Meeting will be held at the Fallsview Casino in Niagara Falls, Canada in the Grand Ballroom E on April 24, 2010 at 2:00 pm EDT. The meeting will be open to all shareholders, prospective investors, money managers, and the media.

JB's having the meeting at a casino.... now I'll have to say that is indeed appropriate.....