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Online Share Trading

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Jubilee dropping below 380 support

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jakals
Occasional Contributor
Jubilee just dropped 20% in less than a week just after they paid consultants with 456 000 shares. Are these consultants just flooding the market? At the same time Jubilee announced positive results on the "con roast" process with no positive effect?
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6 REPLIES 6
SKALA
Super Contributor
Kan ook nie verstaan hoekom prys so val nie. Met al die "positiewe" verwikkelinge het ek gedink tyd om nog by te koop, maar nou sal ek eers wag.
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barry_1
Super Contributor
too few traders all possbly random moves
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SKALA
Super Contributor
Barry, maybe, but why no strong support for the company? Seems no big boys see value here.
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jakals
Occasional Contributor
Personally I think it's a great buy at these levels and I will be buying a great deal more as soon as I free up other funds. If you look at the charts buyers have been stocking up this share since May-June and still are. The "Con Roast" process can change the total Platinum industry and Breamore (now owned by Jubilee) patented this internationally.
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SKALA
Super Contributor
Ja jakals, your info is correct, but the trade volumes are low and there was no rush at all to buy shares when the big news broke, so that concerns me.
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jakals
Occasional Contributor
SKALA, I am still a firm believer that if this share starts flying we will see some fireworks!!
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