Martin Jetpack

[Xerof]

Yes indeed. A full blooded bear candle tomorrow, about the size of the last bull candle, will confirm todays severe reaction is justified.

image.jpg

[robbo24]

I can't believe stuff.co.nz quoted Hot Copper and not us...

http://www.stuff.co.nz/business/indu...ercoaster-rise

[robbo24]

I also can't believe OMF Brokers would make such a low-brow comment without any additional justification:

Daniel Metcalfe, a senior client adviser at sharebrokers OMF, said speculation was driving the "extreme volatility" in the stock.
"I wouldn't touch [the stock] with a barge pole," Metcalfe said.

Why not, Danny? I'm not necessarily disagreeing with you but some context behind your sage-like advice would be great...

[minimoke]

I also can't believe OMF Brokers would make such a low-brow comment without any additional justification:



Why not, Danny? I'm not necessarily disagreeing with you but some context behind your sage-like advice would be great...

I agree with your view. But I guess in this age of sound bites and twitter outrageous staments can be made with no justification. And Our lazy media don't know how to probe below the superficial

[robbo24]

Yes indeed. A full blooded bear candle tomorrow, about the size of the last bull candle, will confirm todays severe reaction is justified.

image.jpg

I tried to sell shares I don't hold at open (to take advantage of end-of-day instantaneous settlement) in order to do a short sell.

Unfortunately Direct Broking wouldn't let me do it without holding the stock in my CHESS account - otherwise would have made a further quick buck.

What a crock!!

[Xerof]

yes, you can BUY shares on tick, (up to $40k, IIRC) but not sell them on that platform.

[minimoke]

I can't believe stuff.co.nz quoted Hot Copper and not us...

http://www.stuff.co.nz/business/indu...ercoaster-rise

I've had a quick look and what a bunch of dimwits. one guy has compared the jet pack invention with the invention of the airplane attributing that to another couple of kiwis- the Wright brothers.

[robbo24]

yes, you can BUY shares on tick, (up to $40k, IIRC) but not sell them on that platform.

That's a shame, I would be inclined to buy back the shorted sell at 148.5 open for 105 cents right now.

Would have been a nice quick 30-40%.

Such a shame to miss the shooting star opportunity.

Oh well, made money going long so can't be too upset.

Will be keeping an eye out for a bounce, maybe off 80 cents?

[Joshuatree]

Wow this has gotta be an extremely rare experience where the Dumb and dumber come out on top. Now , I'm off to Alibaba ,to buy a flying carpet

[minimoke]

I don't hold any Australian shares and this is the only company on that board I have followed reasonably closely. There are times I think nz is like the wild west. But trading in mjp puts Australia in another galaxy.