I believe JCY earnings will come thro at least till the end of 2012. Present decline is normal. Profit taking. Notice the low volume, which means the upturn is coming soon. From the past trend, once the price picks up, it will be very fast. It will catch speculators by surprise.

Cumulative annualized PE is 8.289. At the peak price of 1.50, the ratio is 18X. At current price, the ratio is still 14X. If the next quarter earnings comes in at the same earings as last, the cumulative annualized PE will jump to 15.5. Even if the market gives it a 14X, the price will jump to 2.20.

So take heart. JCY earnings will continue. It's not easy for competitors to get back to full production so soon from the ravage of the Thai flood. Currently there's not much news to drive the market. As it moves closer to the end of March, news will start to leak that JCY's earnings is on track and the action will begin.