JNIP - ready to bust the move?

JNIP -Juniper Group, Inc has been mired in the triple zero range for more than half the year. The drop started not long after its 200-1 reverse split back in July and the price has stabilized down here for the last few months.

Reverse splits are awful for current shareholders, but they do provide a great opportunity down the road. Why? Because a reverse split is like is like a dog that pee's in the house. If it happens once, its likely going to happen again, and again, and again.... until you do something about it, or get rid of the dog.

Most people who purchase a reverse split offender either do it because they like getting pissed on or because they can't get rid of the dog. Here is where the smart money steps in. Wait for the reverse split offender to hit bottom, buy on the bounce volume. Sell before the dogs legs give out. Its an ugly but profitable strategy. Or you can just hold for the next reverse split. The choice is yours.

JNIP may never reverse split again. It may soar to the penny level or more. Anything is possible. But remember every dog has his day. And JNIP will certainly have its day. Just don't be the one left holding the bone.