This post was just published on ZYX Short Change Alert.
JRJC is short from an average price of $11.09. As of this writing, the stock is at $8.30. 20% of full core position is being held. Consider taking profits on a 10% tranche in the zone of $7.31 to $8.30. Consider holding the remaining 10% for a target of $3 to $5.25.
The reason for profit taking here is that this stock is subject to short squeezes. The plan is to add to this position if there is another short squeeze up.