Dear Ari,
With regret, I read your post. Not that everyone isn't entitled to their own opinion, but yours is so misguided and frankly immature that I find it quite disturbing.
My comments are in real time and are on the trading that I see taking place. When I sold in the $1.30'ish range, it was for the reasons I stated (which ultimately turned out to be right). When I saw JDX form a new base, and was convinced of that new base, I was willing to buy, and posted that. Given that I saw the new base firming up, I said that I thought the price could rise from here. (again, I just happened to be right.)
When I saw JDX starting to run on Friday, I said that it looked like it had enough strength to break through the $1.50 area (happened to be right) I had also said I would be glad to buy in higher based on momentum. I did.
I then said that I expected something was up with the stock. Usually stocks don't just go and trade a million shares out of the blue with a good rise as well. Did I expect news today? Absolutely. Was it a good guess? Absolutely. Did news come? Not at all....therefore stops go into effect, and for a good reason. If I had thought the stock was going to fall Ari, I would have sold right off the open. I didn't. But stops are there to protect. The fact that the volume didn't carry through from Friday and there wasn't enough depth/thickness of offers to sustain a few stops from getting kicked is all wonderful hindsight. As I said, two of them were fine...one was mildly annoying. I also said that once JDX passed the $2.00 level that a new fresh round of investors would come in. Do I still believe that? Absolutely.
Do I still think JDX is a great stock? Sure I do. The Medsite news is intriguing, and the fundamentals Keith has outlined are certainly still intact. Hell, I even hoped for news before the market opened so all the "investors" could have a great gap up! As I said, I think that whatever time frame people want to play in, everyone can...and hopefully will...win. And if news did come tomorrow, and wasn't long to enjoy it, I would certainly cheer all of you who were.
I think what I feel most sorry for you for is your comment that I dumped into the momentum. This only shows your lack of understanding Ari. I didn't dump into the momentum....I was stopped out by the lack of momentum! Quite a difference there.
I find it quite ironic that you would have a quote in your profile suggesting "character is what you stand for". By your ill-conceived post I find this a little hard to swallow. And while we're on the topic of character, who else that you know very well has been trading in and out of this stock, but doesn't dare say it? I'll leave you to figure that one out Ari. I'll give you a clue though. Try house 7. <gg> Part of good character is at least having the balls to say what you do and why you do it.
Regards,
Kevin
o.t. MRY? Ooops, wrong again Ari. Did very well on that one with my trading shares. Break even on my long term stuff, but not much of that. |
