Dear fellow, honest longs: I think we are in the last stages of the war on the JPMs. ..but that does not excuse the crap thrown at the longs here by the management...and we should be up their rear ends on all this with vigour. That annual meeting looks in retrospect like it was quite a snow job. What goes on behind the curtains must be something. There have been many inconsistancies along the way. The train left the station around 3 cents years ago...and it has dam near backed into it...at 4.5 cents!

This was posted by VHF from JB Slea at our sister site:

"Triple Witch Week starts on Monday, this is when all Options/Stock/Single Stock Futures expire along with the rolling over of Treasury instruments as well as the Currencies. December’s rollover will take about two weeks because the Currencies roll over during the Christmas week. Wed/Thurs/Fri of next week is generally when the low in precious metals occurs. Remember the word “generally” in the last sentence, we’ve been in a sideways channel in Silver and Gold for 8 months now, in fact, the same time period in ’08 before the rally commenced after that last major pull back …… Stay Strong!!"

Those with dry powder can virtually throw a dart and make a double in the JPMs in the next few months. I won't mention co's because it is all relative...as I said, a double is a double is a double.

Keep remembering that SFMI has a lot of company out there in hundreds junior BBs...and you see the common refrains we read here. After next week, things should improve and do very well early in 2012. So, relatively speaking, SFMI or "XYZ" can easly double or triple very quickly from these depths. SFMI at 15 cents is not a stretch in January...as long as the games are over with for a while.

I posted this at our sister site earlier:

"On the upside, I think TPTB will cobble together a frail bridge to the next soluble footing that may last several months. I am thinking that the markets will run very nicely on the Nitro liquidity injection until the engine needs a new synthetic lube job...or it finally collapses. My guess is that they will let gold and silver run to some next level along with the general equity markets. If we are lucky enough, either/or all of greed, gravity, nature, technicals or euphoria will enter the equation for the JPMs.

As the festive season of Christmas beckons I am of the belief that we are going to get at least one more free ride....uh, first paid for ride for the gold bugs. The bastards that created this monstor will do anything to keep it going as long as they can. This may be a huge blessing and our last chance to get our fiscal houses in some semblance of order.

In spite of all the doom and gloom, and I am as guilty or more than anyone, do not despair and try to enjoy your lives as much as possible over the next year or so. We will make good money on our JPMs! It is about time!!!

Carpe Diem...make hay...and shut out the rest.