couple of notes:
the hod was done on 1200 shares <2.93> at 9:38:22
in approx 70 seconds ... the *short* was beyond noticeable
and the *volume* done was 55,500 shares
[9:38:06 AM] they lose 3 this may well go to 4 today
[9:38:10 AM] 2.88 ask 4 <translation 4 MMs' on ask>
[9:38:14 AM] vol = 109,161
[9:38:17 AM] 3 now at 2.88 <ask>
[9:38:19 AM] 2 now
[9:38:30 AM] back to 3 ask 2.88
[9:38:34 AM] vol = 111,861
[9:38:37 AM] 4 at 2.88 <ask>
[9:38:44 AM] ascm undercut ask 2.87
[9:38:47 AM] 119k
[9:38:49 AM] 123k
[9:38:53 AM] 128k
[9:39:00 AM] 2 <now> at 2.87 <ask>
[9:39:06 AM] XXXXXXX: shorting hard at 2.87
[9:39:06 AM] aaba undercut ask 2.86
[9:39:07 AM] yep
[9:39:11 AM] vol = 164,661
[9:39:15 AM] 2 at ask 2.86
====
just under an hour later JBII's lod would be *hit*
via 2 trades of 1k shares done at 2.13 at 10:36:18 & 10:36:19
i saw one hell of a lot of *resets* done today .. which don't
actually cover .. rather extend the clock
regardless of the day to day PPS gyrations .. i found it telling
that the *volume* was literally *done* on JBII today by 11 AM
NOTE: volume change in 5 hours = 70,379 shares and channel
was tightly *contained* pps wise
Detailed Quote:JBII
JBI, INC.
2.2800 -0.1200 (-5.00 %) AS OF 11:00:44AM ET 08/05/2011
Last Trade 2.2800
Trade Time 11:00:44am ET
Volume 435,957
10-Day Average Volume 214,829
90-Day Average Volume 265,961
Detailed Quote:JBII
JBI, INC.
2.2900 -0.1100 (-4.58 %) AS OF 12:26:54PM ET 08/05/2011
Last Trade 2.2900
Trade Time 12:26:54pm ET
Volume 463,642
Detailed Quote:JBII
JBI, INC.
2.3000 -0.1000 (-4.17 %) AS OF 2:58:07PM ET 08/05/2011
Last Trade 2.3000
Trade Time 2:58:07pm ET
Volume 489,573
Detailed Quote:JBII
JBI, INC.
2.3000 -0.1000 (-4.17 %) AS OF 4:00:00PM ET 08/05/2011
Last Trade 2.3000
Trade Time 4:00:00pm ET
Volume 506,336
==
4kids
all jmo
10/5/07 -- there are no coincidences here ...
oh and like many other longs .. not selling at this level --