JUM unknown

At days end its a spec and as I see it it will always be a...

  1. al1
    2,034 Posts.
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    At days end its a spec and as I see it it will always be a spec...this type of stock always relies on a support factor....
    ...volumes held by others ...are meant to realise profits....
    ...the underlying business concepts are not always the basis for trading profits in the unrealistic world of trading stocks...dogs run with 4 legs sometimes with 3 legs...sometimes they just pull out an ace that no one expects ...and surprise all...you just never know what will happen in the world of specs....1999 to april 2000 proved every dog has its day...whether good or bad...the lower the price the bigger potential upside...shorterm as it may be....
    ....at no time do indicate by any stetch of the imagination that on present known facts that this is a quality stock...its just showing a trend break ..in my opinion....and the potential for upside may exist...given previously stated facts...
    ....as for its online sales ...in this case its deemed by me to be incidental...its business plan has changed...its past has show the ability to survive market downturns...to the point that it can survive......
    ....its upside rests with a new business plan...its available saleable stock....and the ability to secure tradeable support.....in the end its probably about an ability to convert paper to cash...on the back of a change of direction...its noted that it was fast out of the gate on this initiative ...noting the dates of its betting announcement and that of the PACKER camp.....
    ...trading highs are noticably sentiment driven and greedy profit driven....maybe its time...
    .....time will tell....
    ....for now ...its not about jum online stores...its about...paper...betting....support brokers....and follow up sentiment...
    we can only hope...
    al
 
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Currently unlisted public company.

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