Sean K
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tech/a said:
You seem to be doing that quite a bit tech. What are you talking about?
JMS - Jupiter Mines
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You seem to be doing that quite a bit tech. What are you talking about?
tech/a said:
Agree with tech.
Cannot being the key word more than will not.
I cant speak 4 others but i can speak 4 myself when i say that i dont know what ill be trading 2mrw until 2mrw.
Maybe i got a few that closed nicely and are in the back of my mind, but the opening action will dictate what i buy and what i do not buy.
And tech/a, i appreciate your comments. Whether u hold or do not hold is irrelevant to me. Some we ride 2gether, some we dont.
Sean K
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Maybe I'm not trading like you guys, but I have found it quite easy to post a comment saying 'I am going to buy such and such', and do it. I suppose I'm just trading different to you guys. The day trades move so fast that you need to be watching to sp every second, and I don't do that as much as you guys perhaps. Anyway, I'm quite happy to post when I am going to, and do, buy something, and if it goes up, or down, who knows. Maybe I'm just not a day trader.nizar said:
kennas said:Maybe I'm not trading like you guys, but I have found it quite easy to post a comment saying 'I am going to buy such and such', and do it. I suppose I'm just trading different to you guys. The day trades move so fast that you need to be watching to sp every second, and I don't do that as much as you guys perhaps. Anyway, I'm quite happy to post when I am going to, and do, buy something, and if it goes up, or down, who knows. Maybe I'm just not a day trader.
Maybe you did not understand.
I cannot do this (post what i will buy) because I dont know what I will buy.
I didnt know there was a code called JMS before this morning.
MLS I had no idea before I saw the nice set-up.
WMT - never heard of it until the morning it moved.
I never know what im going to buy until I buy it.
Sean K
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Yep, I have rarely done that. I do quite a bit of research before I buy a stock, even when trading it short term. The only times I have day traded I lost money, so I'll stick with analysis for the minute. Perhaps I'm missing out? Having said that, I've been following JMS for 6 months and bought yesterday and sold today for a small profit. It's only because I have things on my watch list and have studied their price movements and understand the company that I buy or sell now. I'm just learning.nizar said:
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i hear you kennas
IMO this stock ran very hard and very fast, much much too fast for my liking. thats why i was out at 33.5, if it had been a more steady sustained increase i would still be holding.
from all the recent ann it shows that JMS has some prospective tennements for exp and has only got surface samples for all these new areas (someone correct me if im wrong) 1.8 million tonnes JORC fe and a probable JV with a chinese steel mill.
i believe there will eventually be more in the tank when jv is announced but not such a rapid increase as was shown today.
on the chart shows that we closed well off the highs made from afternoon session of buying. not overly bullish. means that sellers were quite willing to take profits at these heady levels and push sp back down. the next level of significant buying support i see is at 25 cents with bid for 750 000 shares.
i would like to see a retrace to around 25 cents to make this a significant buy again. just my opinion.
IMO this stock ran very hard and very fast, much much too fast for my liking. thats why i was out at 33.5, if it had been a more steady sustained increase i would still be holding.
from all the recent ann it shows that JMS has some prospective tennements for exp and has only got surface samples for all these new areas (someone correct me if im wrong) 1.8 million tonnes JORC fe and a probable JV with a chinese steel mill.
i believe there will eventually be more in the tank when jv is announced but not such a rapid increase as was shown today.
on the chart shows that we closed well off the highs made from afternoon session of buying. not overly bullish. means that sellers were quite willing to take profits at these heady levels and push sp back down. the next level of significant buying support i see is at 25 cents with bid for 750 000 shares.
i would like to see a retrace to around 25 cents to make this a significant buy again. just my opinion.
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kennas said:It's only because I have things on my watch list and have studied their price movements and understand the company that I buy or sell now.
A rare simple gem.
.
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I have the opposite viewpoint to some of you.....today's movement was on huge volume and I did not see much selling at the end.....look at the course of sales....lots of big purchases were made that did not hit the market by the close.
Either a stake is being built.....or the market thinks this has further to go.
I believe we will see 40c by Wednesday....
The company is only valued at about $25mn with the Jan oppies added in...
Even 40c would only make a value of about $33mn.
Either way I am not to worried as I got on board with the oppies last week when they were very cheap.
Let's see what happens......good luck to those who get back on board tomorrow.
EB
Either a stake is being built.....or the market thinks this has further to go.
I believe we will see 40c by Wednesday....
The company is only valued at about $25mn with the Jan oppies added in...
Even 40c would only make a value of about $33mn.
Either way I am not to worried as I got on board with the oppies last week when they were very cheap.
Let's see what happens......good luck to those who get back on board tomorrow.
EB
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the reason it closed well off the high is because sellers outnumbered the buyers, the demand had reduced by close.
now if we had a close at the high that is a bullish sign that means buyers have more demand right until close.
i think smaller speculators ran the sp further than it should have gone.
talking about market cap there are plenty of small explorers with substantial exp tennements with similar market caps.
i just dont think recent ann warranted such a large breakout today. we will see tomorrow. my two cents.
now if we had a close at the high that is a bullish sign that means buyers have more demand right until close.
i think smaller speculators ran the sp further than it should have gone.
talking about market cap there are plenty of small explorers with substantial exp tennements with similar market caps.
i just dont think recent ann warranted such a large breakout today. we will see tomorrow. my two cents.
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I would like to know what explorers with a market cap like JMS hold a large (undefined) hematite deposit adjacent to a bluechip like RIO?
Just before you beat me to it, I know it is still to be drilled,defined and JORC'd etc. On speculation alone this deposit warrants some interest, let alone JMS's other holdings.
Just before you beat me to it, I know it is still to be drilled,defined and JORC'd etc. On speculation alone this deposit warrants some interest, let alone JMS's other holdings.
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Not holding atm but tend to agree with EB..
This stock has crept up the last few trading days possibly insiders? a little bit of selling on the fact which dryed up very quick. Not convinced the stampede was solely day traders although the weakness on close looked to be locking in short term profits.. could very well have more in it tomorrow didnt have the obvious pumping manipulation that INL had last friday where some big holders obviously loaded up the day traders. I think this is still relatively tight so a second day run is quite a possibility! Still meat on the carcass me thinks..
My guess is it will open about 32.5 before quickly testing todays high, plenty will be watching this.. all guesses tho play the ball etc...
This stock has crept up the last few trading days possibly insiders? a little bit of selling on the fact which dryed up very quick. Not convinced the stampede was solely day traders although the weakness on close looked to be locking in short term profits.. could very well have more in it tomorrow didnt have the obvious pumping manipulation that INL had last friday where some big holders obviously loaded up the day traders. I think this is still relatively tight so a second day run is quite a possibility! Still meat on the carcass me thinks..
My guess is it will open about 32.5 before quickly testing todays high, plenty will be watching this.. all guesses tho play the ball etc...
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Hi guys just got back from the Casino, Black Jack wasn't as profitable as JMSO
I thought I should just share my views on future for JMS,
I have folllowed this stock since Feb, as would have a few around here and as you most will remember JMS has spent alot of time around the 12-16c mark with alot of placements at 10c and 14c,
Todays volume was day traders
There is no way that RIO would be buying as someone suggested,
Also today's ann was re surface samples and a survey, No Grades yet so don't get too excited,
My view was and still is that its run, lets now move on ot the next one,
I won't be returning back to JMS for awhile sniff sniff, so long
I thought I should just share my views on future for JMS,
I have folllowed this stock since Feb, as would have a few around here and as you most will remember JMS has spent alot of time around the 12-16c mark with alot of placements at 10c and 14c,
Todays volume was day traders
There is no way that RIO would be buying as someone suggested,
Also today's ann was re surface samples and a survey, No Grades yet so don't get too excited,
My view was and still is that its run, lets now move on ot the next one,
I won't be returning back to JMS for awhile sniff sniff, so long
tech/a
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Agree, but will then come off around 36/37c tops.
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Australian paper
The Australian is a National paper.....this morning the whole country will read this.....
CRITERION
Jupiter Mines (JMS) 31c
JUST as the Australian cricketers needed a Ricky Ponting innings to restore their fortunes, Criterion has been relying on a speccy mining tip to bolster his flagging averages.
Pilbara iron ore hopeful Jupiter has done just that, yesterday confirming "massive haematite mineralisation" at its Brockman project near Mt Tom Price.
According to Jupiter, "surveying and surface sampling" has confirmed a haematite zone more than 4km long and at least 300m wide.
That makes the deposit richer and thicker than Rio Tinto's Brockman 3 deposit mine next door.
Assay results of the surface sampling are expected next week. While it's early days, investors happily pushed the stock up 11c or 55 per cent.
Criterion rated Jupiter a SPECULATIVE BUY at 17c in early September, admittedly on the more immediate production prospects of Jupiter's Chinese-backed Central Yilgarn project.
We retain the call. Jupiter has also reported promising results at its Widgiemooltha sulphide nickel project near Kambalda, and nickel's the new gold at the moment.
mailto:borehamt@theaustralian.com.
Ends.....
Should make for another good JMS day
EB
The Australian is a National paper.....this morning the whole country will read this.....
CRITERION
Jupiter Mines (JMS) 31c
JUST as the Australian cricketers needed a Ricky Ponting innings to restore their fortunes, Criterion has been relying on a speccy mining tip to bolster his flagging averages.
Pilbara iron ore hopeful Jupiter has done just that, yesterday confirming "massive haematite mineralisation" at its Brockman project near Mt Tom Price.
According to Jupiter, "surveying and surface sampling" has confirmed a haematite zone more than 4km long and at least 300m wide.
That makes the deposit richer and thicker than Rio Tinto's Brockman 3 deposit mine next door.
Assay results of the surface sampling are expected next week. While it's early days, investors happily pushed the stock up 11c or 55 per cent.
Criterion rated Jupiter a SPECULATIVE BUY at 17c in early September, admittedly on the more immediate production prospects of Jupiter's Chinese-backed Central Yilgarn project.
We retain the call. Jupiter has also reported promising results at its Widgiemooltha sulphide nickel project near Kambalda, and nickel's the new gold at the moment.
mailto:borehamt@theaustralian.com.
Ends.....
Should make for another good JMS day
EB
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damn going to open pretty high .. should have brougth on close *sniff*
edit: iap price? match out is currently 33 7000 on the bid hope thats what u ment
edit: iap price? match out is currently 33 7000 on the bid hope thats what u ment
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Tarnor, was thinking the same
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tech on the money, stalling on 37
edit: very persistent itchy fingers
edit: mmm big propping to dicey for me
edit: very persistent itchy fingers
edit: mmm big propping to dicey for me
