OTCPK:JENGQ - Post by User
Comment by
chunkytoaston Apr 17, 2012 12:00pm
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Post# 19803011
RE: RE: dropping like a stone
RE: RE: dropping like a stone I have the greatest of confidence in this co. and they have never missed or reduced a payout. in spite of that yesterday I sold 5500 shares I had in my mother's acct. at $13.09. I also called a friend and she sold 2000 at the same price.
The market always overreacts to both the upside and downside and if the price comes back down to the Jan. levels I'll jump back in with both feet.
The only reason that made sense to me was the traders were afraid the $2.00 gas would cause a lot of customers that were in at higher prices, to try to wiggle out of their contracts. I don't think it is that easy.
I wish all of you good luck, I just couldn't stand by and watch a large profit fall back into the market....chunky