Australian (ASX) Stock Market Forum

JMS - Jupiter Mines

SevenFX said:
The law of LUCK.... well that's for another day... :D :D :D

So true.
It may not be over for this stock.
But 2mrw breather no doubt in my opinion.
DYL, AIM, AUZ, MLS, etc, etc, all had pullbacks in their uptrends.
Close to 100% in 2 days is a bit much.

In my opinion.
 
last post for me.. i exited afetr the capper dissapeared. have a feeling they were probably the buyer .. expect the caps to be back tommorow and maybe a bit of a panick sell down on open followed by the strong buying again... will look for an entry then

cheers
 
nizar said:
.DYL, AIM, AUZ, MLS, etc, etc, all had pullbacks in their uptrends.

This JMS share behaviour is definetly NOT the norm, and at best the ones above had 3 day straight runs.

Todays close suggests it's still in a uptrend, but JMS is on the 5th day....and I'm definetly OUT.
 
Well that depends on the depth of the retracement.
At 50% or more then this could languish forever during its corrective phase.
At less 23-35% then it could well go further.

this would be seen as the first wave of a trend Elliot wave 1
if so (Wherever that ends) then there is likely to be a 3-5 wave correction followed by Wave 3 which is normally 1 to 1.618 or so of the length of wave 1.

So if taking a short term view than many here are taking the right track--it wont rise vertically forever.

While its taking out highs neither wave 1 or the corrective wave 2 have been established.

Longterm then there are options of how you play it.
 
Wilson! said:
thinking of entering again, hmmmm
nearly bought at 37c doh

already made a few quid on it today
Even the chicken got in and out with a handsome profit...might try again tomorow....buy at 35c.....sell at 38cents.... :2twocents
 
Nice one chicken
Sure was a good trading day
Wonder if she'll be safe for a dip tmrw, could be a settling down though, unless we buy on a dip

I was gonna buy JMSO on open, dohhhhhhhhhhhhhhh
Normal parcel I buy would have been around $4k profit
:banghead:

Double doh
 
Proof of accumulation

I have just been checking through the course of sales today for JMS.....at 14:50:42 today someone bought 1mn at 39.5 - there are many other 500k buys in there as well....but it is this one that I find exciting - 1mn at 39.5 - has to be corporate.....

Remember you only need to have 3.6mn to reach the 5% notification threshold...

The question therefore is not is someone accumulating - but who is accumulating....

Simple really - just do not sell until we know.

Have fun tomorrow JMS holders.

EB
 
shares available under 40c are going to be a lot more scarce today.. good chance it will break 40 today.. capper is back early
 
Snakey said:
morning all

looks like pre-open pigs got slaughtered

This is exceptionally holding strong, all RISES considered...

Queit different behaviour, UP 5days 1 weak down day so far.
 
got some on the stall should have another run soemtime today sellers growing weak..


edit: i think we really need a day traders chatter thread or soemthing :/
 
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