SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Jax International (JAXI) -- Ignore unavailable to you. Want to Upgrade?


To: Bert Klimer who wrote (2251)5/28/1998 11:20:00 AM
From: Jane Hafker  Respond to of 2430
 
Bert......I had this instant, split second realization when I saw that post--THAT'S the kind of mentality still in JAXI!

No, it can't be. A typo? Someone with brains sold 200,000?

This is a nightmare. Who ever heard of investing in anything that someone on the phone when you can get them just says, "Yes. We're still in business."

It is rather mental to be in this stock. This is a great learning experience for all. But selling 200. Listen, I'm about that stupid.
Quickly sold NOVL the other day for a good reason, but didn't take the profit on a spike as I was too dumb and dazy to tie it down on a limit order, and looked at my account and I now hold 10 shares of NOVL myself. Forgot to look and typed the sell at memory of what I had. Have to hold those 10 now until 2025 to clear commissions getting out.

A good friend confesses he/she just sold out at a total loss on a very small investment and cleared $22!!!!

I said for pete's sake why? WHY??? What was the point? The point was the irritation of seeing such a bad decision on the monthly statements were worth the total loss.

What's so bad about that is that without bankruptcy, he could have forgotten the $22 and turned around in ten years and found enough money there to go to what's left of the interesting parts of the world for a year. So, again, a 200 share sell is almost mental. Is this the fate that's awaits us all who stay here?



To: Bert Klimer who wrote (2251)5/28/1998 12:45:00 PM
From: John D. Morrison  Read Replies (1) | Respond to of 2430
 
It was probably some little old lady who invested her life savings to buy 200 shares of JAXI when it was like 3 bucks or something, and now she's just selling off to be able to afford another week's supply of cat food.

John M.