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What about the Kings IPMN call?
GLTA.
A.H
Gistherman,
Thanks, I guess we will just have to wait for the PR when the sale is executed, which should come soon, they did state before the end of year, only a few days left now.
Merry Christmas everyone.
A.H
KIK.
Thought I read it somewhere, however I have looked through the PR and the Q10, and cannot find it anywhere, so please don't rely on that info, if anybody else have seen this figure somewhere, then please post the link.
GLTA.
A.H
I think soo too, the stock is quite oversold here, if they use the $1 mil for the sale of their oil properties to pay down debt, and get a better loan for the rest, that would calm investors,the company did state, that they were quite confident about getting new financing, Furthermore they just raised $3 mil about two Months ago, selling shares at $0.75, these investors normally ask for a 20% discount, so they must have felt the stock was worth at least $0.90 at that point, I don't feel that the fundamentals have deterioated that much over the last 2 Months, lets see what the future brings, the tar sand project could be a big catalyst here IMHO.
GLTA.
A.H
Bid is kreeping up,now $0.42, maybe we can reach $0.50, it is quite oversold here, even though I wasn't that pleased with the qaurterly results, then I still think IPMN is a cheap at these prices, I think it will rebound back to the 0.55 to 0.60 level short term, JMO.
GLTA.
A.H
Thanks, really wanted to buy last week when it was $0.55, however did not have the funds available, still very happy about my entry here, just can't get my head around the low PE on this stock and with growing earnings as well, wish I had $100,000 to put in here, and just hold for a year, that would make a fortune in 2012, even taking the coming crisis into account. They have expanded the biodiesel production a lot already, and will expand much further next year, very low risk here IMO
GLTA.
A.H
Well got my 8k shares, however I had to up my bid to $0.65 in order for it to execute.
GLTA.
A.H
Have an order in for 8k at 0.62, however getting bypassed, did not get any of the 7000 sold at that price, ah well at least they will have to fill me, if they are planing on taking it lower.
GLTA.
A.H
Yes it is quite unreal that it is trading this low, will take a position either today or tomorrow, if they come in at $0.10 or higher, then I think that could be the catalyst to change the trend in the share price, and the start of a long up trend.
GLTA.
A.H
Thanks. that will make for a very low PE, IPMN is very undervalued here IMO.
GLTA.
A.H
Yes I assume on Thursday, as they filed on the 15th of Dec last year, just wanted to know if people have any guesses as to what the earnings will be, my guess is 12-14 cents a share, or maybe I should say I hope they will be 12-14 cents.
GLTA.
A.H
Mike.
Thanks, always appreciate your input, do you have any estimate as to what the earnings number will be.
TIA.
A.H
Hi all.
Quick question for the board, this resent equity financing that IPMN has done, will that be expensed in this quarterly report, or how will it be accounted for?
TIA.
A.H
How is it going with the CA law suits? haven't seen you post a lot about those lately.
GLTA.
A.H
OMG, just came home and saw the PR, wow this is just unbelievable, 100% more throughput, what an amazing company, wall street will be falling all over them selves to get into this company in about 6 Months time, wow what a ride the next 12 Months is going to be, I think $50 a share by the end of 2012 will be easy.
GLTA.
Just got 6000 @ 0.88 when volume was around 140000, that was some very good guidance for next year, very undervalued here IMO.
Thanks Mike and Rawnoc for mentioning this one on the swingtrade board.
GLTA.
A.H
Wow and so what, he was only having a salary of $1 a year until they got the consent order, the board obviously felt that it was ok for him to start having a salary from that moment on, as the delay in the full permit was to blame mostly on the DEC, so he received 6 months of "extra salary" after having a salary of $1 for 2 years, Yeah really big deal NOT.
GLTA.
A.H
I actually think that once JBII starts to make a profit, that the market will assign a fairly high PE value to the stock, which IMO would result in a $1 increase in share price for each processor running, IMO only.
Happy Thanksgiving.
A.H
I fully agree, I would love to add more at these prices, however all maxed out right now, really happy to see all the progress which has happened in the last 3 Month's, looks all everything has been lined up and ready for a big launch next year, looking forward to June next year, hoping that they would have finished the first site for Rock Tenn, divided the engineers involved into two new teams, with some newly added/hired engineers as well, then starting on the next two stes for Rock Tenn, I think that will be the turning point were the marked will really start to take notice.
Happy Thanksgiving.
A.H
get the F ready cause this mother is crackalackin....fasten your safety belts kiddies and make sure your serving tray is in the upright position. LOL too funny.
GLTA.
A.H
Or maybe he is referring to the kilns for the premelt system, if the premelt system have one, have anybody seen or heard what the premelt system consist of in details.
Great report by the way, looks like everything is now set up for a very fast roll out in 2012, will be an interesting year for sure.
GLTA.
A.H
Hear hear
Tykundegex.
Thanks for that, Stevia is a great product, will do some digging on this one, very interesting.
GLTY.
A.H
Agreed, and yes the $12 mil is great to see, it's a start, maybe they are finally starting to realise the destruction naked shorting is to business and shareholders.
Thanks for all your daily info, follow as much as i can.
GLTA.
A.H
These fines are still to small to make any real difference.
"If there were failures to deliver, short selling would have the ability to affect the market, especially in hard-to-borrow, thinly-traded stocks," Bennett said.
In the last two years, FINRA fined Deutsche Bank AG $575,000, Milwaukee-based Robert W. Baird & Co $900,000 and Boston-based National Financial Services Inc $350,000 for Regulation SHO violations over their handling of short-sale orders. None admitted wrongdoing."
They should multiply the fines by min 50, to start making a dent in this problem, and let finra and the SEC fund themselves by the fines their collect, that will give them an incentive to find more fraud.
GLTA.
A.H
$250k
these are exactly the kind of people that we want to see this technology, they if any really gets what an amazing achievement this processor is, they will then tell their other engineering colleagues about this, and the word will spread, I bet any one of those attended, will look a bit more in dept the next time they come across JBII in the different professional environmental publications/websites.
GLTA.
A.H
Kugel.
Thanks for posting that, that was a really good read, I especially liked this part.
"The event was not only business-oriented, but it was also educational. Professional development hour (PDH) credits were awarded to NY State registered professional engineers who signed up for attendance at both the plant tour and the talk. Professional Engineers registered in NY must participate in continuing education events each year and the P20 tour met the requirements needed to merit educational credit."
GLTA.
A.H
If the stock trades below your bid, then call your broker immediately, just imagine if JBII comes out with a PR and the stock goes crazy, then you haven't got your shares and will feel pretty sick I bet.
GLTA.
A.H
If you had a buy order in for that amount at 1.72 without getting a fill, then it is time to call your broker, I would not have accepted that, the stock was trading below that most of the day, and as such you should get your bid filled, I have experienced the same a few times, and then immediately called my broker, after which they filled the order.
GLTA.
A.H
IW.
Thanks, much appreciated.
GLTA.
A.H
IW.
What green links are you talking about? would like too see them as well.
TIA.
A.H
Don't get me wrong, I agree with most in the article, but also see the irony in him pointing out that issuing of shares doesn't matter when looking at the billions of shares outstanding in his own company.
GLTA.
A.H
Good article, funny it is written by Phillips Verge though, since his own company is a diluted pig, I was actually invested in this company some years back, however could not get my head around all the mergers this company was doing, so sold and moved on, looking at it today, i feel very lucky.
GLTA.
A.H
Thanks Alan,
The best read I have seen on the shorting issue.
GLTA.
A.H
Actually, doing a bit of calculation on that figure, then it doesn't really add up, 30 mil tons are currently landfilled a year, that will never amount to 2 Trillion tons over 50 years, which is more or less the time plastic has been in widespread use.
2 Billion tons could be possible, even though that still sounds a bit on the high side
GLTA.
A.H
Wow 2 Trillion tons of plastic, if JBII could just get their hands on 10% of that, then we would all be rich.
"While virtually everything in waste streams can ultimately be reincarnated, plastic is particularly attractive. Two trillion tons of plastic now sit in landfills in the United States, accounting for around 25 percent of the nation’s total plastic volume. The global volume of plastic grows 7 to 9 percent a year, according to industry figures"
GLTA.
A.H
Thank you very much, this article states what the longs have been saying all along, Agilyx is not a competitor to JBII, $52 a barrel, what a joke LOL.
GLTA.
A.H
Panic selling! where do you see that, when people are saying that there is no manipulation in this stock, well it dropped from $1.80 to below a Dollar in the last five days on 560000 shares traded, that is 0.825 procent of OS, that is a 45% drop on 0.825% of OS traded. Well I don't know, but to me that looks like an arranged walk down of the share price, this is not a lot of longs in panic, normally for a stock to drop this much in such a short timespan, you would see a lot of volume as well,at least 10% of OS, not happening here.
GLTA
Desperation is rampant on the JBII board, bashers out in full force, I wonder if that have anything to do with the soon to be dismissed CA suit, looking forward to the next week for JBII, I have a feeling it is going to be interesting.
GLTA.
A.H