I sold that all off for a nice profit, around 2.27 I think. Its very low volume right now, doesnt seem like alot of sellers but unless ZJYL provides a spark or some PR comes out I cant afford to sit on a risky bad fundamental chinese stock.
Im trying to take the approach of swing trading these squeeze stocks rather than holding to the moon. There are great opportunities to be made with these, but you have to execute them as swing trades and I did just that with GDC. Fuqqed up ZJYL, should have put up a stop loss and just let it play out to see if there was a real opportunity to buy back in if I wanted to.
I still believe all these plays have some crazy potential but I need to start making better results or find a better 2nd job. Still holding my GTII though but have thoughts, have only $4k worth so do I let those all fall in long term gains tax and have long shot lotto ticket or do I make good trades with it???? I dunno, for now I still hold. I did sell 1/3rd of my GTII though so down to 20k shares. It is a stock that can move a couple bucks in short amount of time but nothing is happening right now, and William says the only way GTII moves up is if the CEO retires, not good look.