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Jaguar Mining Inc. Message Board

  • juliesirl juliesirl Apr 25, 2012 6:30 AM Flag

    ***JAG Fast Money Contributor***

    JAG was featured on Fast Money on 26th March (view it on itunes podcast) when it was trading at $5.15. The Fast Money contributor named "Shaw from Global Consolidation" admittedly said there was a lot of uncertainty in the stock. Shaw said they "presumably" got an offer of $9.30 back in November. He liked the stock and felt the risk reward had a 40c to 50c downside and as much as a $4+ upside. He said "you could see the stock potentially trading in double digits if there is a deal". He was asked by one of the Fast Traders how you got comfortable with essentially two foreign companies undertaking due diligence and whether there was a real deal coming and should I be concerned about this etc. Shaw said that was a great question (sic) "but that is why his company had such a great disparity at where the stock is currently trading $5.15 and where it will trade if there is a real deal". He went on to say they are not concerned that this is a "shady deal" as the assets are in Brazil not in "some remote place". I am NOT MAKING THIS UP please check the Fast Money archive.

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