JAT 2021 Charting Thread, page-2

First 2 Last

Share
Profile

Follow
CaptainSteve

3,323 Posts.

1270

02/02/21

11:27

Post #: 50634175
Share

Originally posted by Cheeky-Charm ↑

Here it is folks, a JAT thread for 2021. Thought I should get one out considering this stock MAY have bottomed out. Recent good quarterly announcement, a former "DOG" by many market retailers who got toasted here many times. Sentiment around a bottoming stock that's bearish is always interesting when PRICE ACTION holds up.

Not to mention, 2c has bottomed afew times, spiking from 2.1c to 2.9c back in 10th of December on NO NEWS which we find out 2 days later was all Insider Trading.

Now, again we have NO NEWS but Insiders like the Director have bought $200,000 at 2c! Which is in no way chump change, especially if I just want $2,500 worth of stock haha!

Attached is the chart with the current depth looking very much like a swing trade especially if this has bottomed out.

Abit of a SPECULATIVE thesis here BUT Insiders were also offered FREE Options with a longer term expiry, exercisable at 6c. This is in NO WAY an indication that is where they want to take it, but a 300% upside move is generous on this former spiking supernova stock. GLTAHz here looking forward to some Shills piggybacking this JAT used to have NOTORIOUS day traders on it once upon a time, if people can recall 2017 and parts of 2018.

Also feel free to peruse this link attached on the 4C Quarterly: https://hotcopper.com.au/threads/ann-appendix-4c-quarterly.5875562/page-87?post_id=50605968 where I analysed afew of the #Milk stocks where I highlighted 3 out of 4 stocks follow the market with JAT appearing as a laggard. Should be a goodie in time. Markets expecting a ton of news flow here.

Expand

I like the terminology "Supernova Stock". Jatcorp has done it before in 2018. What could kick it off again is unknown. First store in China, opening another 5 stores in China because of the success of the first, Vmeat expanding in China with huge sales growth or something else. Jatcorp is full of surprises. It will certainly help when this Covid is under control and Green Forrest revenue starts flowing again.

GLTAH DYOR

JAT Price at posting: 2.2¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

Reply