Depends on what you consider the floor, I guess. Could it go lower? Sure it's possible. Will it go higher? I totally believe it will. When? When they get rolling on the name change, Medsite IPO, and promo programme.
I was just PM-ing someone else about JDX, soliciting other opinions. It's been discouraging to see the stock drift lower - is giving back some of your gains ever pleasant? Of course not. On the other hand, I could list a number of stocks I've sold, discouraged, only to find out THAT was a dumb thing to do. If I believe in the company and its strategy and its management, and if the stock is not one I bought as a trader, the last thing I want to do is be somewhere else when it moves.
Let me give you an example: I owned 25,000 ANC at .155. Sold it at about .30 because I'd seen it go higher and then drift back again. I bought back in much, much higher and got far, far fewer shares.
Want more examples? PM me.
I am NOT a mindless booster of JDX! I revisit my position in this stock frequently...and am still holding. I've wavered, but I'm still here. Everybody else has to make their own decisions.
WUWT |
