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JMS - Jupiter Mines

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well im not one of the faithfull, instead i am looking at getting in for the frist time this morning, and being pretty new it all am wondering, should i back off for a few minutes and wait and see? there is usually a bit of a spike with these things ive noticed, then a bounce back down and then if it ockets it goes from there,

or i dive in first thing? any hints from the wise?

oh and yes good luck and best wishes to the early birds who spotted this a while back,

bye
 
toc_bat said:
well im not one of the faithfull, instead i am looking at getting in for the frist time this morning, and being pretty new it all am wondering, should i back off for a few minutes and wait and see? there is usually a bit of a spike with these things ive noticed, then a bounce back down and then if it ockets it goes from there,

or i dive in first thing? any hints from the wise?

oh and yes good luck and best wishes to the early birds who spotted this a while back,

bye
Click to expand...

SOmetimes best to sit back and wait for a dip, however having said that there is strangely still (I assuming unaware of the announcement) some sellers sitting in the teens. Might be worth trying to pick off some of these before orders are taken up or pulled....... just my opinion.
 
spottygoose said:
SOmetimes best to sit back and wait for a dip, however having said that there is strangely still (I assuming unaware of the announcement) some sellers sitting in the teens. Might be worth trying to pick off some of these before orders are taken up or pulled....... just my opinion.
Click to expand...


I'm talking about Mr .165 and the .17's.
 
Hi,

now I am no expert, also just starting out... but if you look at the chart attached it suggests we may see a spike up to 21c and then settle down below old resistance at 18.5c.. unless this news is outstanding and warrants a decent breakout.. ??
 

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spottygoose said:
SOmetimes best to sit back and wait for a dip, however having said that there is strangely still (I assuming unaware of the announcement) some sellers sitting in the teens. Might be worth trying to pick off some of these before orders are taken up or pulled....... just my opinion.
Click to expand...

Yes - this is NOT a word from the wise - merely Duckman. But in my experience of doing things wrong, I have often jumped in at the sign of perceived good news only to find that had I waited a day or a week I would have been far better off. Just remember your emotions are telling you that "you have to get in" - but there is still a long way to go with this share before it starts production so - its not do or die today.

As a holder I might sell if there is a reasonable jump and look at getting back in if/when the price falls in a few weeks maybe.

Regards

Duckman
 
toc_bat said:
does that mean i would have to put in a highest bid order, above mr. 23c?
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Mr .23 is on target to get his around at the lowest of the sell prices. You may miss that on open but there still seems to be (strangely!) more sellers in the teens than there are buyers to force the price up. The open will set the scene. you can either try and beat mr .23 or wait for a dip..... - unfortuantely there is a never a right answer. From experience when I jump right in I usually wish I had waited and when I don't jump right in I usually wish I had. These days I prefer to sit and wait for the dust to settle. One thing in your favour with this share is there is PLENTY of UPSIDE. 30 - 50c is not a dream.
 
prob a bad day for a good ann, market is down following the dow and resources have lost some steam.

im thinking about jumping in while the market hasnt appreciated this ann.
 
toc_bat said:
well i jumped in and got em ofr a premium so far at .175c hmmmmmm, should ve waited now eh?
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It is a strange day - market is down and there are obviously a few stale sellers to get rid of. Once the annoucement reaches the radars you will be ok - unbelievably cheap at these prices.
 
i've been following this stock for a while and an mou is what got this stock price to around the 15-17 cent mark. Maybe the market thinks the mou is worth around this price. Its only news of an actual JV that would send this stock skyrocketing.
 
toc_bat said:
well i jumped in and got em ofr a premium so far at .175c hmmmmmm, should ve waited now eh?
Click to expand...

I personally would'nt be too pertubed by 17.5 cents......you got to be in it to suffer the the pain and frills............The market seems to be hammered today strange day but totally expected .Ok I'm off.............to do some real work!
 
Beethoven said:
i've been following this stock for a while and an mou is what got this stock price to around the 15-17 cent mark. Maybe the market thinks the mou is worth around this price. Its only news of an actual JV that would send this stock skyrocketing.
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I was thinking the same thing. People may remember the MOU with Sino that didn't eventuate into a JV. Perhaps there was a bit of buy on rumour sell on fact or people are just waiting for the JV. Also, the market is way down today and there are a few people who will need to take their profits from the last week or so's trading.

It is always a bummer to not pick the low but as I said there is way more upside.
 
well im thinking of cutting my losses today, thers a good chance it will go down even lower over the next 30 days until the proper consent,

by the way is proper consent another term for JV???
 
You guys have it right, until mkt see's a SIGNED SEALLED AND DELIVERED JV agreement there won't be too much price action,

Also as many have said a very poor day to release the ann


What I found interesting is that this agreement should only cover the 'Central Yilgarn Iron Deposits' yet they have included Beasley river in there,


Lets see what happens
 
toc_bat said:
well im thinking of cutting my losses today, thers a good chance it will go down even lower over the next 30 days until the proper consent,
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That sounds like some emotional investing there,

Jumped in on open only to see it follow the 'buy the rumour sell the fact' scenario and now want to "Cut your loses" after 30mins of being in? ? ?
 
well i guess i am pretty emotional atm, which is why im bouncing ideas off u guys,

just not sure i can afford to leave my money here for one month with the possibility of no JV, anyway last time i did something like this i then saw the stock rise to a higher level than my buy price 3 days later, so yeah u r right YT i should wait longer than 30 minutes,

thx 4 the advice
 
Toc,

No worries, remember thats just my opinion, I could be wrong,

The way I look at it, is if a company makes a good ann (not sure how good you can classify this MOU as, probably 6/10, if it were JV then 100/10 lol) and the SP falls because of poor mkt sentiment etc then you should really be looking to buy at the lower levels

Again just my thoughts,


damn PT is down!!!!!!!!!!! :mad:
 
YT

indeed buy at lower levels, i guess the lesson I have learned here is that a JV and an MOU are not the same thing! silly me.

so does Proper Consent mean JV? Is that what they meant, that if all goes according to plan a JV will be the outcome in 30 days?

maybe there is rumour left in her yet, LOL
 

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