The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Sorry Jonah you had to sell some Friday. It does happen and hopefully everyone is well and over the crisis.
The upside is you will undoubtedly need to sell less and less shares as the SP rises going forward.
@Mikie. I agree with you also with regard to the stimulus package. Can only be good for commodities and Jubilee. Have a good week all
I keep pinching myself Shorn- can’t believe what is happening here, both in Jubes and the wider macro. Someone is smiling on us!
Hopefully nothing too serious Jonah and all are ok. The rest of your holding will more than make up for it.
@Mikiesunday
Boom Boom ! - totally agree with you - glass totally full - lol
Actually apart from me finding your posts amusing, i generally agree with you lol.
We defo are on a special path here with many jigsaw pieces all falling into place - "the perfect storm".
ATB Shorn
Feed the birds, Mikie. though Hesgin might prefer tuppence in the bank.
I had to sell a few on Friday - unforeseen family crisis. Money has to be made to work rather than aimlessly accumulated but it made me sad because I know they will be worth a lot more in 6 months, but needs must. Not all sellars are cynical traders. I have plenty left and look forward to riding the wave.
Think the macro economy is looking very strong especially if the Americans sign off their stimulation package next week. Could be boom boom for the markets. Governments around the world looking to invest very heavy in infrastructure- boom boom for us!! The green revolution is here - boom boom for us! Seems the perfect back drop to me as the world awakes from its Covid coma and springs back to life. We are just at the start of this super cycle - who knows how high it can go. Mary Poppins springs to mind- let’s go fly a kite, up to the heights to heights! Up through the atmosphere, up where the air is. Clear!!
Shorting the stock are you? good luck with that, could be a large pile of egg in your face soon
@hesgoingallin
If the market crashes it crashes. It was March last year when JBL fell to 1.82p and look where we are now.
You can't stop people from selling but it would be a huge mistake to do that with JBL because at the end of the day fundamentals is what leads to the recovery of shares.
I still need to rub my eyes to believe the difference between where my JBL shares were on 24 March 2020 (lowest point I have ever held my Jubilee shares) and now. And to be honest the news coming out in the next year in my opinion will be substantially better than this year just gone past.
GLA
@hesgoingallin
My "opinion" is that JLP would go down as folks sell shares - just like other companies...
DO NOT SELL - after the initial retraction, and after some time JLP would pull back for the very same reason you are investing now.
The lack of PGM's and Copper supply moving forward and the future electrification of developing economies, and the introduction of electric vehicles (Biden's promise / objectives across USA for ->2030) will recreate the PM demand we cannot fulfil moving forward.
Unlike quantum easing which did nothing much for you and i (just the banks), this round of spending (particularly USA) is more about infrastructure which is good news for the economy (and the world? to some degree).
The general thought is that all governments cannot afford to publish the real rising inflation rate, as this will hyper inflate the debt they have to pay for Covid. It is highly likely that for the next couple of years the economy will grow aggressively, and that you and i will find that prices for goods and services will increase BUT the government will still say inflation is under control. There is also an expectation that the US$ will devalue c30% over the next +12 months. So i "reckon" after a couple?? of years i do think a correction or similar will happen.
So if you can hold - the message is the same in a market down turn - HOLD.
I welcome the thoughts of others that are more in touch with economics than me - all strictly - IMO
ATB Shorn
You wake up on Tuesday morning. USA tech stocks have plummeted, markets are in free fall and the there is press all over the news that this is the bubble bursting.
How do we think something like this will affect supply and demand for our metals?
Will investors see JLP as the value stock they need in uncertain times?
Will we get rolled under the mat and crushed as money leaves the markets?
Any thoughts on how we will fair in a large market downturn?