Thank you sir. JAG was regurgitated by players exposed as nothing more than over leveraged gamblers. They sold it down to 2 bucks, where NFTRH said thank you very much and bought value. Then JAG picked up too much steam and of course my profit taking urge won out. This stock has been traded several times as it has been a post-recovery leader. This most recent trade yields a respectable 23%.
Again, thank you sir. See you again, soon. JAG at 9 is not the same as JAG at 2... or 4. Know what I mean? BTW, this stock first came compliments of Otto Rock and he had some info about it in this week's IKN Weekly that helped me decide to sell on today's nice pop. Thank you too sir.
Edit (1:46) How bout we replace the JAG shares with a starting position on GLD? Yeh, less risk in gold then gold miners at the moment. And for fun, why don't we initiate some puts on SLV. Long gold, short silver? Sounds about right. I realize the usual suspects are very bullish gold, but I bought it anyway.
