Value Microcaps Motherboard

[deathtotaxes]

JIMH Hweb



JIMH paid them 200,000 shares for the report!!!

> 3. New Report on Jupiter (JMIH) $0.33, with $0.65 Price Target.
>
> It always seems to start like this (on stocks that go on to score big
> gains, that is)...we hear from friends complaining, "Oh there's no
> volume...." and "Oh, the spread is to big..." or "Oh, you have to make an
> appointment to buy any stock...."
>
> In fact, we just got this e-mail the other day from a subscriber (a nice
> guy) in Germany:
>
> =====
>
> It's impossible to buy the stock, it does not trade for days at a time, it
> has no volume whatsoever, the bid and ask remain the same for weeks and, I
> checked on Reuters, the next trade after the top price paid of 40 cents
> in the week of March 20, 2004, it traded again .... on May 1st at .... 16
> cents !!!
>
> Insiders control 50.3% of the stock and there must be no float.
>
> It looks great on paper but.....
>
> Signed wolfgang
>
> =====
>
> It's like complain, complain, complain and then like out of the blue, 6
> months or a year down the road, these things seem to take on a life of
> their own...leaving even us a bit flabbergasted. Millions of shares start
> trading, the spread tightens...
>
> Would you like a list of our stocks were this has happened ????
>
> We'd be happy to send you one...!
>
> No ? Well okay then. Now of course, we're not saying Jupiter will be
> trading millions of shares a day next year, but we'd just like to point
> out how things change sometimes....
>
> And not for nothing, but the stock has been getting a day here and a day
> there -- with 100,000 shares trading, which is better from when it used to
> trade 2000 shares in an entire month. Interest, as we say, is developing.
>
> Historical Pricing: http://finance.yahoo.com/q/hp?s=JMIH.OB
>
> Anyway, the ResearchStock.com web site has put out a report with a $0.65
> price target. It's paid for, but nonetheless gives earnings and revenue
> estimates as well as a price target, something which we never do.
>
> And last but not least, it was written by Rick Wayman who is a CFA.
>
> Rick was an officer and equity analyst at Fifth Third Bank (buy-side) and
> The Ohio Company (sell-side) for over seven years. During that time, he
> followed companies in the consumer goods, business services, transport,
> media, community banks, and retailing sectors. He was also involved in
> several initial public offerings, secondary offerings and the development
> of a successful telecommunication and technology unit investment trust. He
> has over 20 years of investment experience.
>
> Anyway again, the price target comes from an old school method of
> "blending" 3 ratios, Price to Book, Price to Earnings and Price to Sales.
> You take the "ranges" of all three, put them in a bag, shake them all up
> and VOILA, you get your "price target."
>
> Even though we don't do price targets, we'll add that if we thought the
> potential of this stock was only $0.65, we would have never gotten
> involved. We'll secondarily add that the report did add this "positive"
> caveat:
>
> "If the market "discovers" JMIH, our price target may be reached faster
> than anticipated."
>
> Okay, now they're speaking our language. Though we would have preferred
> "higher" than "faster."
>
> Here's the ranges (which can be found on page 6 of the report) for 2006:
>
> Price to sales range; 14% to 55% or a price target of $0.13 to $0.50
> Price to book range; 120% to 500% or a price target of $0.19 to $0.79
> Price to earnings range; 15 to 30 or a price target $0.72 to $1.43
>
> Here is the report:
>
> http://www.researchstock.com/members/companies/jupiter/.JMIH1Q05.pdf
>
> Or you can go here and pay $10 for the report. Of course you won't pay
> $10, but it's nice to see it's "available" on Yahoo !
>
> http://reports.finance.yahoo.com/w0?r=34214672:1
>
> Jupiter Marine will be our first Watch List addition (to the Boating Stock
> Review Watch List) for 2005.
>