the leverage here is astonishing

As Jupiter prepares to re-enter the oil well drilled in the Soviet era and abandoned due to the low prices prevailing in that earlier time, buyers pushed the share price up 25% this morning for the paltry sum of $68k. It's dropped back a bit now but one punter wanted a million shares at .057 at one point so there's some reasonable money chasing this junior (relatively speaking). That gives some indication of the leverage in this stock - and the high hopes of investors that the casing remains intact and that modern extraction methods can boost flows. Certainly the ground is highly prospective and with a market cap this morning of just $21m, the leverage to any success here is considerable.

I grabbed a few last week and expected a long, slow build-up to the well re-entry later this month, but late yesterday, some bulls charged the gate and the stampede looks set to continue today.

I hold in the expectation that news of imminent re-entry will send this flying. The diva is but clearing her throat...

Good luck all.

Gupper