a strong peformance today.
http://bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=au%3Ajbm&time=8&freq=1
$6+ could be here soon.
Buyers are everywhere.
Big buyers.
12 month price target $8+ dividends.
JBM shares & derivatives make up more than 80% of my portfolio.
Yes I do believe in diversification that's why I will be selling derivatives over the next few weeks.
I like to sleep at night too:)
The 28th of April 2005 is a very important date for me.
Currently I would need $266,666.67 AUD to convert my Call Warrants to shares & I don't have that kind of cash lying around.
My share holding in JBM(shares not + warrants) is now down to level that would make it hard for me to buy a house in a country town on the outskirts of Sydney so I am feeling lots of pressure.
JBM needs to be around $5.50 April 28 2005 for me to continue trading.
Any less that that & I will need to get a "real job".
I am optimistic & have been for a long time.
But, I have been wrong before.
I would feel more comfortable if JBM rose 10% tommorow.
lol.
Upside is much bigger than downside with JBM but it hard to be so sure.
I will not believe it untill it happens.
cheers.
P.S In the tradition of drunk, drugged posts.
JBM
jubilee mines nl
