The U.S. Market Is NOT Where the Fast Money Is But China IS With LJ International (JADE)
UPDATE: Sold out of JADE on June 5th, 2009 for no gain, no loss, right at $1.70. The stock didn’t do what I had hoped within the time allocated in my profit thesis. That is to say 70% of the time you will know if you have a winner within 1 to 2 trading days. Within 5 days, the stock should be moving in the direction you placed your money on. If it is not, get out.
Look, before you read this, I’ve gotta’ warn you upfront…
This is a thinly traded stock. I bought the stock today, May 27th 2009 at $1.70
This stock could double within the next 4 weeks.
It could triple in the next 8 weeks.
In fact, as long as the volume continues to rise, I don’t even have a target price yet. But we’ve got to keep our eye on the volume. If the volume starts to drop, you’ve got to get out quick and you can’t wait around for an update from me.
If you’d prefer to think that I’m only giving you this stock to push up my own position, as it is thinly traded, then don’t buy this stock, honestly, that’s cool with me. Read no further and go check out another stock.
However, if you stick around for just a few moments longer, I’ll let you in on a strictly “closed door” stock that could make you so much money it’ll change your life forever…
In the video below, I perform technical analysis on LJ International Inc. (JADE) and tell you why I think this stock can make us a lot of money.
Lance Jepsen
President, GuerillaStockTrading.com
Your Trading Coach
(because everyone, even Tiger Woods, needs a coach)
