Could the Bottom Fish Technique be playing out here!?
Hey hey hey,
So I've been getting serious about the Natural Resource / Commodity / Precious Metals investing & speculating since 2019, and listening or reading A LOT from those who've had tremendous success in this area over the years. Rick Rule is well known as one of, if not THE Best at making money in this area of the markets. And here he is just the other day, in an interview sharing some of his technique, unplugged, as he is no longer restrained by regulations. He's retired from Sprott now, so can speak freely about the markets now.
At around 25 minutes in, as he's sharing some of his techniques, he starts sharing a particular technique that clicked in my head, and realized that this may be what's happening with JFC!
The price action, and Level 2 action has been very close to as he describes how this plays out. And, that debt JFC has could be turned around into an asset just as he describes.
This may very well be, as I suspected and mentioned weeks ago, insiders spooking this stock, driving it lower so that they could load up down at the bottom here. And there's been some funny action on the Level 2 with funny play on the Bids/Asks, and then now down here some ghost Bids BUYing up whatever people are willing to sell.
This really looks like the Bottom Fish technique playing out by insiders here. Once they get all the shares they want, WATCH! That's when the NEWS will start flowing and they'll place the Asset into Jaguar. They may actually have an asset here, as I've mentioned weeks ago that's probably what the debt is for! They may have just been waiting to reveal that asset, to place it into the Jaguar corp entity, and so right now it's just showing up as debt.
As I've shared before, apparenlty this particular group who've taken over Jaguar last summer do have experience in, and may lean into the precious metals / natural resource assets. This is an excellent time to be investing in gold/silver/natural resource assets.
This could turn out to be an excellent play, easy money from here. Just BUY and wait a little longer. At least, could be an optionality play.