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Jaguar Mining Inc. Message Board

  • stocking100 stocking100 Dec 11, 2012 4:52 PM Flag

    end close?

    How did JAG finish at 72cents
    What a manipulation!

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    • Yeah it is really strange, I have seen this on other stocks too, they start out ok or up then during the day they slow down and eventually at the end of day they just collapse like a bull dismounting a cow...
      There is no little resistance at the support levels either way up or down and trading has been thin in anticipation of the FOMC meeting, I can only assume that there are hedgefunds out there buying call/put options during the day and then moving it up/down according to what position they took. At least that is what I would try to do if I had money/big money.

      • 1 Reply to abehaus
      • I have seen this happen here a few times before, and not just on the down tick. Seen it jump up 4-5 cents end of day and the next day it is trading just where it was before the pop/drop. Only thing I can figure is someone is trying to draw attention to this to attract buyers. Tomorrow when we get back to 76 or or so that will show up as a good percent gain. Still hoping to see 80 by Friday as someone posted on this board.

        Sentiment: Strong Buy

0.04-0.01(-20.00%)Apr 17 3:17 PMEDT

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