OTCPK:JENGQ - Post by User
Comment by
gwplanton Sep 13, 2012 9:52am
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Post# 20356036
RE: RE: RE: RE: RE: Rolling over again...
RE: RE: RE: RE: RE: Rolling over again... I say I wouldn't be taking anything for granted with this stock, and definitely not counting your eggs before they hatch. Just as quick as it givith it takith away....i.e today. This is definitely a high risk risk on play tied somewhat to the price of NG, not saying I don't like the dividend but the SP unless in really certain times will always trade at a significant discount and underperform the overall market. The "big jump" you are referring to just disappeared and make no mistake the stock is still in a downward trend channel until it gets to the $11.40-$11.50 area, until then it is just playing catch up to losses sustained over a fairly significant period of time, I continue to hold but in no way adding to my position while it is in this trend.