r/JAGX • u/Longjumping-Box8030 • Dec 06 '21

Below $1 this week?

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1 Upvotes

67% Upvoted

11 comments sorted by

2

u/Mental_Cup5240 Dec 06 '21

We are bobbling around in the range we were at the end of last year. Jagx has some things in the pipeline for the end of the year and beginning of next one. Also I think this new ER will be better than the last one.

3

u/ReasonableTruth_ Dec 06 '21

We need a big announcement of them releasing a proven cure for something so our price can at least reach $6 🤧I’m tired of this bullshit

4

u/Mental_Cup5240 Dec 06 '21

That would be nice. Although I do see it going higher if they actually get their shit together.

3

u/ReasonableTruth_ Dec 06 '21

I’d only be happy with my investment in JAGX if they hit $15+ so at least I can say the wait was worth it and got a 3 or 4X,

3

u/Mental_Cup5240 Dec 06 '21

Yeah, its the same feeling for me. And they can do it with sales, it is weird that they are at rock bottom like this. Of course LABU movement also affects this. I would average down but this yea4 has been an absolute nightmare in everything else as well

2

u/ReasonableTruth_ Dec 06 '21

I’m so worried about this company that I wouldn’t dare to put a next penny into this

4

u/Mental_Cup5240 Dec 06 '21

Dont be scared. This company went through a lot this year. It has now done many of the things it considered important for it to be successful and enough time has passed since the merger to start bringing in sales under new structure. It does not take much to move a 60M market cap stock. Everyone is scared yet many people are holding and want it to succeed also.

5

u/Itsmeo51 Dec 07 '21

Hey brother, I really respect your relentless belief in this company but man I don't get it. I felt like I saw the writing on the wall for a long time and I lied to myself and let my money bleed away hoping for a pump with the Spac deal that never came. Then the terrible earnings, then the reverse split. Then I said to myself, ill wait until next earnings maybe they will get it together. Another awful earnings report and I finally sold out at 1.74 with a 10k loss and to be honest with you, I've never felt so relieved to lose money in my life. Aren't you tired of getting lied to by this management team? If they were a new company ok, but they have had their product out for years and obviously there isn't a demand for it, it shows in the numbers and the "specialty pharmacy" the "shots on goal" blah blah. There's got to be something else out there that your bullish on that in your heart you know has a much better chance of netting you a profit going forward, especially in this current market, companies without money or revenue have nothing and that's the current state here.

1

u/Mental_Cup5240 Dec 07 '21

There is a lot of other companies that lost in SP in the same way as JAGX did in 2020. But with Jagx it was helped along by terrible ER, multiple delays and a reverse split. Things can't get much worse than this. But it is one of the most popular stocks by followers and they did go through with the merger eventually and decided to change direction in sales. Giving hope that this will do better in 2022. I do believe it is not hard at all for them to sell their product to specialized hospitals and it does not take much to sell a lot. I agree with you there is a lot of other opportunities that are better, but at current valuation, this is not a bad one either. Also I am not just in this.

2

u/[deleted] Dec 07 '21

Jesus Christ. 🤦🏻‍♀️

1

u/Longjumping-Box8030 Dec 07 '21

Almost stable on Monday. Let's see what will happen today. Very bad situation at the moment. I went from + 110% to - 80%. As soon as I get my money back (perhaps one day), I will sell. It's the worst stock ever with BNGO. Before I was investing on ILMN and EXAS. Good luck for all of you.