Just want to make a point that it was me calling the 12c close...

Just want to make a point that it was me calling the 12c close yesterday. I had no intention of trying to ramp the share or calling unrealistic targets. I must say I am left scratching my head and just when you think you know it all, well you go back to the drawing board and learn some more. I have been in JPR since last year so have a long term view but regardless I still honestly feel the news is deserving of a 10c-12c trading range. It is heavily discounted at the moment and priced lower than when JPR had nothing.

It seems however that it is not just JPR suffering this strange trading behaviour of late where buy on rumour and sell on fact is the norm and quick point gains is all that matters at the expense of long term wealth.

So many species are getting Pumdumped (P&D'd) that it seems silliness is the order of the trading day. I have to stick to my old trusted adage that it is time in the market and not timing the market.

I also believe that the current bull run is not helping the more riskier plays because it seems money in safe haven blue chips is actually where you want your money to be for now. There will be a switch back from the more risk adverse investments so I am not panicking just yet. The true gains of 2010 are right here with JPR, BCC, GDN, PEK, PEN, SSN, KEY and the like and for me it is definitely time in the market.

Ciao