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What's up with this damn thing. Down 22% ?????
It's not delisted from the exchange...it was the second highest volume trader today...keep this link:
http://www.investcom.com/page/mvcse.htm
Its no longer on the index list....it means nothing....get your info on everything (filings,news etc.) here:
http://www.cnsx.ca/CNSX/Securities/Oil-and-Gas/Jagercor-Energy-Corp.aspx
So if it's delisted. Does that affect our stock ???
Price drop:
1) a Canadian bank (RBC) has been trading JEM for months for a penny in and out
2) yesterday, the CSE announced that Jagercor was dropping off of the CSE index...which was implemented on Feb. 27....(it's not like index funds buy and sell stock like the big exchanges...so this is much ado about nothing IMO)
3) I think The RBC trader took advantage of the news of the delisting to knock the stock down to buy in cheaper. This created what may be the last buying opportunity at this price.
Time will tell...
More info here:
http://www.stockhouse.com/companies/bullboard/c.jem/jagercor-energy-corp?postid=23542413
http://www.thecse.com/cnsx/investor-info/market-activity/CSE-composite-index.aspx
From Stockhouse today:
This is just the beginning of a multi-year trend and I have spent time hunting down unique and cheap plays to invest in Argentina. Traditional asset classes like real estate/banking are terrific. But also oil/energy, which has lagged, yet trades at a premium to global markets where domestic producers are paid $77 per barrel, is a great way to play the Argentina rally. New and even the existing governments will realize that domestic production needs to grow since they priced oil at a discount for years. It's likely the price will remain at a premium to world markets even if we are in a prolonged weak market. I am actively looking for new ideas in Argentina but for now my favorite company is Jagercor Energy (JEM in Canada and JAMTF in US).
This article below is very good and I'm sure many of you have not seen it yet, from the Financial Post(China Eyes Massive Oil Reserves in Argentina), where CEO Edgard Russo is interviewed:
http://business.financialpost.com/2015/02/25/china-eyes-massive-oil-reserves-in-argentina/
Also, this article below is a little older but the undertones of the "Buy Argentina Now" theme are more clear now than they were when this was published last year. More and more international investors will flow towards Argentina and I believe after a brutal 2014, Jagercor now will enjoy the wind at its back instead of in its face. The stock was as high as 40 cents last year and as low as 3 cents recently. A half way point for a new trading range would be the 17-18 cent area, which is where I think the stock deserves to trade right now. Perhaps after a new range of 10-15 for a few weeks, we'll see the mid to upper teens again on the stock, which is undervalued based on current cash flow/production. All of my analysis shows a 20-30 cent valuation being appropriate based on their current business and modest growth but as the CEO mentioned in the FP interview, they plan on growing quite aggressively and are in talks to do more deals.
http://blogs.barrons.com/penta/2014/09/15/buy-argentina-now/?mod=yahoobarrons&ru=yahoo
Jagercor's selling has dried up so the stock can move up a lot because most shareholders that absorbed the stock at 3-6 cents (like me) are long term investors. We want to see the full potential of this new trend in Argentina and give Edgardo, who at one time with YPF managed 700 employees and 15 drill rigs, a chance to see what he can do to build this company from small to large. I'm excited about Argentina and Jagercor Energy. Please don't chase the stock if it runs but long term investors that buy under a dime should see a significant return on investment this year and beyond. I will be publishing a new research report next week for your review. I will send this to Elite/Premium members first. But, free subscribers will see it before it is distributed to institutional investors, the company's contacts, and before it is highlighted in an interview I'm featured in soon. The readership of that publication that just asked me to share my thoughts is huge so a lot of new eyeballs will be on Jagercor in the coming weeks. Stay tuned....we found a "JEM"!
http://www.stockhouse.com/companies/bullboard/c.jem/jagercor-energy-corp?postid=23519066
Anyone have any news with this stock???
Hope everyone has a happy New Years let's make some money in 2015 !!!!!!!
Positive News - Good First Step
Got a few wells up and running with some more to come. I wonder if they can develop any more in this field or move on to another. It sounds like they and Central aim to continue working together.
Thus far only volume these days. At least the price seems to have bottomed.
My gut says those who got in now will be very happy. Sounds like any news regarding those well upgrades could occur by month end or thereabouts.
Ya, until they actually report out that they have increased the production it will trade in this range and potentially dip a bit more.
On another point, I had a feeling this would happen with a JEM board - it shows the quote for Barclay's Global Emerging index which is JEM on NYSE.
You may need to contact Ihub admin to get them to quote C.JEM from the CSE.
I think the board should be titled Jagercor Energy as well to avoid confusion.
But thanks for setting up nonetheless. Here's to future profit???
Nice volume this morning so far. Wishing the price would go up
anyone out there as frustrated as i am with this stock?
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