JADA's been on my thread for a while. I've been loading up sub-.40 as it's worth at least .80-.90 just based on book value imo.
CHFI has been dumping shares to move their money into a new investment. Their basis cost is .33/share for JADA, so they likely wont sell below this. But, it looks like they have just about extinguished their position in JADA, and once they're done selling, it'll shoot back to .50-.60, then likely hold there until after earnings.
JMO, but JADA is a solid investment if the Chinese middle-class is indeed expanding ... those Chinamen love their jade.
