JBM jubilee mines nl

any comments brucey?, page-10

  1. 2,920 Posts.
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    Tom,this will be my last post on jbm as you only like reading over exuberant posts.
    As for the facts you mention,Yes,I thought the sp might get as low as $3.50/60,well they did get down to $3.85 and then the nickel price started to climb again,so you would hope the sp would rise accordingly and it did. At the other end of the spectrum,you used the 10 to 15% drop in the nickel price around divvie time as the reason for the sp not to get to $5 plus,so whats the diff, we are both judging jbm's sp on the nickel price.
    I based my below $4 sp for jbm at the time on the trend at that time and the falling nickel price and I wasn't far off the mark,and I never said that it wouldn't rise again or that I wouldn't buy the stock again,in fact ,I usually trade this stock quite significantly at least 3 times a week.
    I do not make excuses when I'm wrong ,unlike yourself who always comes up with pathetic excuses if your predictions aren't right at the time.
    Just try and get it into your head that 99% of the time ,when a company goes ex div,the sp normally drops about the amount of the div on the day,so no way was it going to $5 at the time anyway,regardless of the nickel price at the time.
    As I have mentioned previously,in case you havent got it, I think jbm is a sound company with even more reserves to be proved up in the future and also has good cash flow/profits and divvies.,BUT,I am realistic and follow what the market says about this stock at a given time.
    However,your prediction of a nickel price above $10.84 and a sp doubling in the next 6mths is just a wish or a guess. When this does not come to fruition,I wonder what your reasoning will be.
    Next time you want to get stuck into me,go back and check your facts first,you obviously think your the only expert on this forum,
    goodnight and goodbye. I won't be able to read your posts again you smart arse.
 
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