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Its still not funny in the least. Sorry, I do not see the humour in this at all
It reminds me of that old Monty Python skit. It's a dead parrot.
How nice is that? So current shareholders get screwed and they get the goodies. Too bad we stopped hanging people. Lots should get hung for this one. Neither long or short and not interested any more
Who ends up with the pieces when JBI declares bankruptcy? Is Heddles loan to the company a DIP loan?
Hope then of what? The hole that jbi is in is not one that many companies work their way out of. However, I have learned that nothing will surprise me and I never assume anything to be real until its money in the bank
Any hope?
Pretty negative comments on JBI on Seeking Alpha
Thanks Snow. You don't sound optimistic about their future. I guess this is why there is no physical AGM. Tough to talk while dodging projectiles. Any thoughts as to where we go from here. I was hoping they would succeed but I can't help but feel its a very long shot. I feel really badly for the shareholders who have maintained their faith in this. I tried to warn that this was an extremely risky investment. I am not trying to say I told you so because I do feel badly. However it still may turn out well but the odds are extreme. I have a call to IR but I doubt they will reveal much other than things are progressing.
Neither long or short but still interested
I did not see anything in the last release to suggest this kind of selling. It's clear the company needs money. Any thoughts?
I had no idea this stock was risky. Another chapter written today. I thought it was favourable CC but they need more money to see this through. I hate it when they are speaking from a script. The technology seems to be moving fwd
New results are encouraging. This may actually become a real company. I like it
Lots of new comments here. My google alerts are lighting up like a Christmas tree. I am still very interested so I am hoping someone could let me know if something has developed that is material
I tend to believe in the cockroach theory of investing. If I see one cockroach on thr counter, I'm sure there are many more
I'm out and have been for some time. I'm in watch mode now.
All I want to know is this. Does it work in a consistent manner and is it profitable? That's it. I don't care about pictures or the past. Answer that in a verifiable manner and then you have something.
What an awesome CC! I learned so much
Who knows what is overpriced or not. You are making a subjective opinion in a specific point in time. You could right or not in the next instant if the dynamics of your decision making process change. And you would a fool to not change your mind. If you look at great companies that start small and become great, there is a commonality to them. Whether it is a biotech like REGN or even OSIR today, there was a catalyst that changed everything in the perception of investors.
Successful investors jump on that and will change their opinion in a split second if required or events change. To be dogmatic is to be dead last. I am not offering any opinions on JBI because I am agnostic. Not Atheist, but Agnostic. I will welcome the chance to have an opinion
What is the date for the 10Q? Have they announced when? Sometime this week I would think
This partnership with Crayola is positive. It has given us nice exposure. Hopefully the soon to be released Q will add to the momentum. I would really like to see this company succeed.
You are right. I forgot about that. Anything new on any progress?
Has anyone heard anything an AGM for this year?
I have no idea. This is a complete mystery to me. It has a very binary outcome. If they can turn the corner and actually have fundamentals that you can quantify including real earnings, the stock can go up. If not then its trouble. Anyone buying the company now is only guessing
Thanks I hope you are right. I really have no idea. Hopefully when they release the next qtrly results on August 9, things will be clearer. Neither long or short but still interested
Is there still hope or are we done here?
I read most of these posts but not all so my information on these latest developments may not be complete. From what I have read, it appears a large shareholder wants to put the company out of business in order to acquire the technology. Am I reading this right? Or it's a proxy battle to get their own BOD to further their own agenda which is essentially the same?
Don't know. Past AGM's were in summer. Is this a new closing low?
Are we rich yet? AGM is due shortly. I wonder what will be the message
Its things like this that keep me tuned in. Not a buyer now but I am watching
My apologies for my rant yesterday. Good luck to everyone that is invested
Grant2g. I am out and have been for some time. I did make money on it. But I always wanted to give the company the benefit of the doubt. I also thought there might be a chance it might be a real company and the technology might work. I have always been cautious in my comments about this and stressed it as a high risk investment. Look at my past posts My problem is that I don't know if it can be. I am not willing to believe in anecdotal evidence or awesome pictures from the Discovery channel or other crap. I believe in the cockroach theory. If you see one on the counter, you know there are more. I don't own any JBI and don't plan on owning any. This Rauber stuff was the last straw. I just get upset at the arrogance of this company
But of course. Everyone else's fault rather than exceptionally bad corporate governance and a total lack of transparency by JBI. Not to mention a long list of disappeared people, lawsuits, news releases to nowhere, broken promises and others. Throw in a total lack of ability to be able to analyze the company for any meaningful future or whether the process will work profitably and it sounds like a winner to me.
So what are the new theories as to why Rauber quit this "sure thing"?
I trust them about as much as I do Kim Jong Un
Well isn't that nice. Everyone gets to sell that is in the know before the announcement and the little guy gets to hold the poop bag. Very nice. JBI represents everything I hate about certain aspects about the markets. You would never see a real company try any of this BS.
Here's a thought. Dump jbi and buy RKT. RKT has more than doubled since Aug 2011 when the deal was announced.
No You cannot. Been there, done that. I have no idea what might happen with JBI and I never did. I had a bad feeling from way back on it. There was absolutely no way that you could analyse it. There was always the feeling that it was close but you could never quantify anything. Its tough enough to figure out what might happen to any company. Even a company like Apple or IBM. But at least you could do some down and dirty analysis on them. You never could with JBI. There was always something hidden.
I still have no idea what might happen here. This could could be something that is temporary and you might still be the hero to your friends. I just don't know. Its not over until its over. I really hope it works. I just hate to see people lose their money. If it turns out to be a scam, I hope someone is strung up by their tender parts for it. But they probably will not. And that is like being taken twice.
I have a real bad feeling about what is going on here. The last time the stock tanked was just before the wells notice was announced. Stocks don't fall like this without a reason unless someone wanted out with a really big position at any price.
For the record, I am neither long or short. I have not had a position in JBI for many months but I am interested in what is happening.
Or it could be aliens preparing for an invasion by undermining our financial system with an influx of a new fuel source that actually converts back to plastic when it is in your engine thereby destroying all machinery on earth rendering us defenceless
I have had JBI, P2O, and John Bordyniuk (sp) on a google alert for the better part of 2 years. It will alert me in the event that any of these or all of these terms are part of an article, news release or released in any way shape or form in print that is published on the Internet. As a result, it should include most of the references to these terms. 99.5% of any reference to these terms come from this site. I am alerted at least 3 or 4 times a day from sources or references from iHub discussing JBI.
There have been only a few references outside of this site. Mostly on small journals, quasi scientific shows on Discovery channel, etc. My point is that any meaningful reference on any mainstream news services never references JBI. Not sure why that is but I suspect I will hear many reasons why in alerts from posters here. Both positive and negative.
I doubt it is because the company which requires a lot of cash to continue operating would prefer not to have any publicity.
Why is this not reviewed by reputable journals? Any comments?
I have no socks left to knock off