Jax International (JAXI) Message Board

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Microcap & Penny Stocks : Jax International (JAXI)

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To: Brent who wrote (945)	8/27/1997 1:25:00 PM
From: Thu Ra Tin	of 2430

Well, it looks like a repeat of what happened last time. We're letting the shorters win for a SECOND time. I was hoping it will not happen, but it looks like JAXI shareholders are just too weak compared to the ones from OVIS. On OVIS people with 600-800% gains are still holding on. I'm holding onto JAXI (in at 1.125 and .35), but I'm loosing faith. JAXI will probably trade between .25 and .75 even with the earnings release as most people already have an idea of what the projected earnings are. Just put in a limit order to buy at .30 and a sell at .70. I don't think it will ever break $1 since most people now are waiting for it to go back down and buy at .25 levels and then they'll sell when it reaches .70 and repeat the cycle.

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