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JMS - Jupiter Mines

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Hey guys, anyone been watching JMS today and would care to explain to me whats going on with the share price :banghead: so much for the support at 28c!!!!
 
yeah, been watching disappointingly...in the space of 5 seconds...1.2 million shares went through...bang bang bang bang bang!

What the hell is happening there? Seems someone wanted to sell yet someone also wanted to buy those 1.2 million...this story needs to unfold soon for my health!
 
YT speculated that the former directors are selling, it could be them... but if you are holding for the drilling result, u shouldnt be too concerned over the short term volatility, its all part of the play.
 
I need to learn how to step away fropm the screen for more than a day, and stick to my longer term plan! :eek: "Someone" has been playing games with the newbies who bought it up to 35c (...no, I didnt pay that much..)...the buy / sell queues are jumping all over the place.
 
I just bought some Jupiter shares earlier today.... thought they were a good prospect. In for the longer term, so as UPKA said, not too worried about the short term movements, the company appears to have good diversification (Nickel, Gold, Iron and Uranium).
 
I too saw the 1.2mil support at 28c disappear in a flash and was wondering "what the f**k!?!". Obviously there must be some demand for this stock to have it snapped up so fast.
 
bigt said:
I need to learn how to step away fropm the screen for more than a day, and stick to my longer term plan! :eek:.
Click to expand...

Hi BigT.

Perhaps try monitoring JMS in 1,2,4 hours timeframes, hence less Noise, Emotion, and more think Time. IMO

Cheers
SevenFX
 
YT - I agree... makes no sense.

I reckon there are inexperienced people out there who just look at price per share rather than market cap, so they're not making the right comparisons.

Surely fundamentals have to win in the end? Please?

(must be patient, must be patient...)

Maz
 
the_jackal said:
Hey guys, anyone been watching JMS today and would care to explain to me whats going on with the share price :banghead: so much for the support at 28c!!!!
Click to expand...
I'm surprised by the lack of follow through on the break through 28 and 30. I could put it down to longer term holders taking the opportunity to cash in, or even shorter term traders taking profits. Also could have been a little bit of panick selling there from taxi drivers.

While intraday 28 failed, the EOD close is more important. Still a chance it could climb off the canvas in the last hour which would be telling.

As YT pointed out, there seems to be a clear anomaly with the valuation of JMS to a company like FDL. Sanity should prevail at some point.
 

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bigt said:
It's just really, really stressful watching your hard earned disappear. You end up questioning your research / the "Story" etc. I'm a believer so will not panic. Thanks again.
Click to expand...

You money hasn't really dissapeared till you sell, and a greater intraday timeframe may make all the difference in pulling the trigger.

Without a doubt also have your stops n exits, whichever way she goes in prior to entry.

SevenFX
 
YOUNG_TRADER said:
Talbot sold?????

What the ****????????????????????????????????

Why would Talbot sell, I was told he was the "force" that got rid of management,

He buys on Brockman results, holds for a full year and sells when Brockman's being drilled

What the **** is going on? :eek:
Click to expand...

Those that were at the AGM will tell you the force was never talbot but rather chinese investors and hence the new appointments. Perhaps talbot is not happy with the management changes rather than anything to with Brockman. Perhaps he was hoping to put his own people in but didn't have the numbers the chinese interests had.
 
Yes, looks like Talbot (Holder) is down to 6.2 mill.

Denis Wood has sold out completely.

There are 2 sets of holders selling in this one announcement.
 

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