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LJ International, AŞ Message Board

  • jhy642 jhy642 Nov 10, 2008 1:41 PM Flag

    Anyone Holding JADE

    Must be stupid or then the most stupid. Of course this is in my MHO, LOL. Hint (mild), since I don't want to hurt anyone's opinions.

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    • Not holding...buying. It may take years to come back but until the operation loses money on a consistent basis, IMO there is a chance for a comeback. Q3 will surely show another loss but my hope is that the manufacturing-wholesaling business is cutting expenses as revenue drops and that ENZO becomes more profitable as the business matures.

      There would have to be some serious erosion of the $3.37 book value to warrant a sale now at $.51.

      It's painful to wait and be in the dark but the November earnings rrelease (and further guidance) may shed some light If Warren Buffet thinks GM is a good investment, I'll stick around with this badly beaten stock...China may avoid the economic woes we have.