I owned this stock on April 8th 2010 when it hit 3.45 on 6 million shares traded. Then the following day it hit 2.90 on over 9 million shares traded. It eventually sank to .51(51 cents) on November 10th 2011. This stock has a cycle and will eat you alive after earnings. Don;t be greedy pigs. Get out with your dough and live the dream.
Don't make the same mistake I made. Sell this Monday April 15th@3:59 pm and you will all be happier people.
Thanks Bobby B. I do love a stock I can churn. My only problem is that I own 10K shares at $2. HCI is my favorite stock to churn. I actually love insurance companies. I nice quality hurricane scares people and they jump out.
Quite a dilemma. I don't think JOEZ could have painted a better picture for the last 3 quarters. The chance of going straight to 3.25 are about 1 in 6. One thing for sure, the days of trading ups and downs will be over a week from now. Standing on the sidelines while the dow breaks 15,000 is going to be the real heartbreaker.
Someone posted almost the same thing about another stock (LF) right before a great earnings report. Unfortunately, I didn't listen and was even a little rude to the poster. I even added shares. And I learned a costly lesson. You may be wrong and I hope you are. But I'm going to err on the side of caution this time.
I still think JOEZ is a great stock. I will jump back in on a pull back. Thank you for your post. GLTA