Jim,
I got in just under you, at $ .75, and averaged down Thursday. Still, I'm in around $ .60, so YES, $1 would be great.
From all the posts, I sense this company may be on the verge of a decent upward move ... of course, there are those nasty shorts going on, but eventually the market catches up with them, and they are short-busted. Days like that are real Kodak moments - too bad we can't post the facials of a major short who had to rush in and cover then realize he's lost twice what he made from all the previous shorts. That's what I call a sweet dream.
How many times have I had to hold an extra 6-mos to overcome shorting. Oh well, profit is profit, and lately despite all the "theories" on how to play the market, I find just buying because YOU like it, average down if the stock is still good, and just wait it out. Peter Lynch did this - worked for him. Buy and hold, buy and hold...
Best wishes on JAXI for both of us newcomers.
Regards, Dan |