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JPR - Jupiter Energy

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Buying JPR shares has shown me exactly what it'd be like spending time in a maximum security prison and accidently dropping your soap in the shower on Valentines day.

I've just been roggered, and Yeeouch it hurts! it hurts bad!
 
What exactly didn't the market like about this stock? Should be interesting to see where it stops....could be a buy again soon.

Bad luck for those of you that got burnt.

Cheers,
 
well the biofuels concept has been around for a while and it will one day take off for sure. Just the same as Geothermal energy. Unfortunately the timing of this IPO due to many reasons didn't work out.
 
maverick11 said:
well the biofuels concept has been around for a while and it will one day take off for sure. Just the same as Geothermal energy. Unfortunately the timing of this IPO due to many reasons didn't work out.
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Had they done it 2 months earlier it'd have been a goer.

All we need is a middle east war, another one anyway, and a huge Hurricane to smash the US oil supplies and JPR will fly again!!

Still I bought a dud, held it despite the warnings and I've been punished. I've learnt a lesson, if something sounds to good to be true - it aint. And there's no such thing as a free lunch!
 
Realist said:
Still I bought a dud, held it despite the warnings and I've been punished. I've learnt a lesson, if something sounds to good to be true - it aint. And there's no such thing as a free lunch!
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Ditto.

Been kicking myself for the last week. Lesson learnt and hopefully, never again.

Off to find some U stocks now
 
Well f@#^&(ing hell.
I'm down over $70 grand - so don't feel too bad boys and girls. I had far too much of my portfolio riding on this.
Don't you feel totally shafted when things go this bad. Not only that - I wasn't really prepared for it and held on.
Now I see it going down as low as 5cents before it recovers.
It's either botton drawer them, or try for a rock bottom entry once we find out whether they can raise the funds through JPR.
If so, what price will the placement be? Indication of where the share price is likely to go?
Cheers - and apologies if you got in on my call.
 
I'm still holding, the problem now is should I just sell and move on?

I'll kick myself in the head if it goes back up of course... Hmmm
 
longer term i'm relatively comfortable we will get it back mate. It's only been a couple months. They do gas and oil afterall which will only increase in demand. Canny...70k... i feel for you brother

I agree... if it sounds too good to be true, it always is, doh!
 
I can't comment on this company, but biofuel technology in principle is such a no brainer thing to be doing in any economy looking to minimise carbon emissions not to mention reducing waste that something of the sort has got to take off sooner or later.
 
canny said:
Well f@#^&(ing hell.
I'm down over $70 grand - so don't feel too bad boys and girls. I had far too much of my portfolio riding on this.
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Oh my god, I really hope it recovers for you Canny, that is rough.
 
canny said:
Well f@#^&(ing hell.
I'm down over $70 grand - so don't feel too bad boys and girls. I had far too much of my portfolio riding on this.
Click to expand...

bottom draw it if you can mate!

It killed me selling out but needed the cash.
 
Actually Canny, maybe it is best to realise the loss or at least some of it now for tax purposes then buy back in, 31 days later.

That way you can claim your loss against other gains. And you've got JPR if they rise back up, if they went back up to your buy price and you held over 1 year you would actually be alot better off tax wise than if you hadn't sold.

Just an idea.. Good luck.
 
I just saw the concept. It really doesn't look like a terrible proposition. Might pick up a small parcel tommorow, as a long term hold.
 
just reading all these posts now for the first time..realise a 70K loss..wow thats a big move..well this is the problem with ramping a stock and puuting so much into species..sure i dont need to tell anyone that..having said that something is wrong and it looks to me like..seems the directors are shonky considering their other board seats..if i were u all id tread with caution and maybe try and get this dog at 2 or 3 cents for a spec buy..thats all..
 
It looks like JPR has hit its bottom and is up the last 2 days.

Thank Christ!

Just up another 120% and I am back to where I started.
 
spoke with managment to get an idea of future prospects. JPR is working on fundraising the biofuel project themselves and will release news as they progress. I am confident JPR SP will pick up, question is time. One for the bottom draw.
 
hi all..so whats going on with JPR..so many posts day in day out and now nothing..is the biofuels IPO still going ahead or havent they been able to raise the 75mill???whats happened to the shareprice..i mean i can see its dropped but why????anyone know about this one..im sort of interested to take a punt if can get the IPO???i feel for all u guys especially Canny..
 
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