Post a CommentJADE – LJ International (NASDAQ) – (Closing Price – $2.79)
I recommended LJ International as a speculative pick based on the company finally reporting earnings. However, the company didn’t get a pre-earnings run like I thought and the company reported disappointing results. Therefore, I am going to recommend to sell LJ International.
Disclaimer: I sold my position in LJ International.
Similar Posts:
- LJ International: Speculative Buy Recommendation
- STRM – Q1 2007 Earnings
- Sell North American Galvanizing (NGA)
- JADE – Update
- AMR Sell Recommendation
I do not think oil will touch $200 a barrel unless there is some sort of major event that disrupts supply (major hurricane through the Gulf of Mexico or Isreal attacking Iran). I actually think oil is way overdue for a correction and the longer speculators continue to push oil up the bigger the eventual fall is going to be.