This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

JMS - Jupiter Mines

Jump to new
Novski said:
This has closed at 28c today; below what appears to have been a horizontal support of 29c. Not a good sign IMO as it could go on a slippery slide from here...

What do technical analysts think?.. Anyone see any supports below 29c? above 20c?
Click to expand...
Doesn't look pretty mate. Next support at about 15 cents. I'm not sure if support lines work here. That was a big jump up...
 
looking at the sp today seems quite nice.
maybe jms will get its turn to go north.
support quite strong at 25-27c area.
other iron sp (such as umc, cfe) have bounce strongly.
just be patient and wait.
 
Maybe some news late today or tomorrow, given that there is a board meeting today, and the buying volume has increased.
 
Volume has increased but if anything it looks like going down. No one is pushing it up. Hope i'm wrong.
 
The majority of trade today has been at 26c - every time it gets chewed up someone offers another 100,000 or so at 26. Once or twice it has dipped up or down 0.5c.
 
Never thought I'd see JMS trading at 24c again

Mkt Cap of $30m

I suspect bargain hunters are just waiting to pounce.
 
What a joke it has been to see it fall from 43 cents down to 23 cents in less than 3 months without any negative announcements. I've seen shares that do better than JMS even with some disastrous announcement.
Really losing my patience with JMS and the rumours of soon-to-be released announcements, which never eventuates.
 
coladuna said:
Really losing my patience with JMS and the rumours of soon-to-be released announcements, which never eventuates.
Click to expand...

Coladuna I understand your frustration but in all fairness the "soon to be released announcements" weren't just rumours. Jeremy Snaith gives an interview on board room radio stating that the announcements were soon to be released. Seems even the horses mouth got it wrong so you can't blame us mere punters.
 
probably one of my biggest mistakes now holding JMS. should have set a stop, fell in love with the company which was a big mistake. every other iron ore company on the stock exchange rockets and JMS drops like it has concrete boots.

perhaps shareholders could launch a class action. Mr jeremy snaith claiming they were releasing ann when nothing is ever released.

completely dissapointed in myself for holding this stock. prob now one of the dogs of the asx. i bet even talbot is cursing the fact that he bought into this one he would probably be facing some few hundred thousand dollar losses now. i think talbot should oust mgt and step in himself.

the best thing i can think about for JMS is that i can sell and buy back in and claim some large losses for tax. offset my gains. every other company ive buoght into has gone really well, JMS been the exception. oh well lesson learnt: dont fall in love with a company, set stops, never trust mgt (especially when they claim to be releasing an ann, THEN 4 months later still have not released anything).

well on this one im only 2 and half k down. i laugh when i think of how many shares the directors have and how much money they would have lost since the highs of the year. maybe THAT would be some vested inspiration for them to pick up their act.

can shareholders oust mgt for p** poor performance?
 
Hmmm, don't quite know what to say. There has got to be quite a few stock holders out there (the ones that are still holding on), that are hurting, including me.

I'm miffed because I bought more a couple of weeks ago, when I actually meant to sell at a profit (always review order before submitting it), effectively doubling my holdings, and watching the stock price dwindle ever since (see thread about "Typing in the wrong code & other stupid moves") https://www.aussiestockforums.com/forums/showthread.php?t=6122

Are the faithful still holding? Even a major jump in the stock price any time soon is a long way away from a lot of holders break even, with the stock price now at 23.5 Anyway I'm now mumbling, pure despondence.

I'm just hope this is just a 'BAD RUN' and that there isn't something dark & murky that hasn't yet been revealed.
 
Pat said:
DJ is cranky!
Click to expand...

hahahah damn straight im cranky. cranky at poor mgt thats what!

yt was right they were good at 15 cents and in the low twenties but not in the thirties. mgt has not done anything to prove their worth.
 
Keep the faith, I sincerely believe that this is not a dud stock. I don't believe that there is anything dark or murky lurking, simply a tranfer of wealth from trader to investor...that's all.
 
I warned people regarding mngmt a few weeks ago. See my posts.


And I got warned by Joe Blow. However my warning was just that - a warning to people to get out.
 
Worth reminding ourselves as well that 20c options expired in January creating further selling pressure.
Lack of news plus the recent exercise of listed options.......traders bailing now may well live to regret their impetuousity....
Time will tell.
 
Halba carries my sentiments :
"Theres too many speculative stocks like this on the market, that will never ever achieve anything. A quick look at the minerals sector and you can see all the junk/froth in the sector, about 98% junk. Pity we get caught on these from time to time."

Lastly don't get emotional because you didn't sell when it was 40 cents ......get logical when it hits low 20's........
 
You must log in or register to reply here.

Similar threads

Iron Ore Plays - Discussion
2 3 4
Replies
68
Views
27K
Telamelo
T
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more...