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While I stand by my belief (as seen in my top bear post) that ten bucks a share is a bit pricey for JAG, at $8.80, I have to think my long-time favorite mining company will at least outperform the steadily declining S&P 500 even if it doesn't go up much following yesterday's punishing 11% decline.Don't buy JAG here, but start watching it, a bounce should follow from this massive selling.
Management is (finally) getting things turned around.
Bought a sizable block of stock @ 1.49 today.