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Strategies & Market Trends : Ride the Tiger with CD
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To: Veteran98 who wrote (205680)11/1/2011 11:57:07 AM
From: brit21 Recommendation  Read Replies (1) of 312462
 
I picked up a total of 78000 two weeks at $4.15 - 4.18. In for the long term, but with trailing stops all the way up.

There was no rhyme nor reason for JAG to be trading in the $4 range given its asset base and precious metals prices. My conclusion was that their biggest failure was the inability of current management and BOD to run a potentially mid-tier producer. Therefore It's time for a hostile takeover. I can smell it.........$7+

Again patience should prevail.

Cheers,

Brit
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