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Funny how the media are still referring to the deal only costing 1.75bil - it cost Lehman a lot more than that:
Although small, the LaBranche deal adds another building block to the growing empire of Bob Diamond, the head of Barclays Capital.
He helped to mastermind the $1.75 billion purchase of Lehman Brothers’ North American investment banking and capital markets businesses in the throes of the financial meltdown in September 2008.
Thanks for the link! I just text'd all 3 numbers listed in the link and all 3 replied with the 'service is temporarily unavailable. try again later'. I will try again during normal North America business hours.
As soon as my LEH lotto tickets bingo, I will push all in here!
Look guys...JB has already stated that he is saving up the good stuff for a another free fly. He has also stated that the Canadian 401k's cannot purchase OTC.BB stocks. So, I would not expect any "mind blowing" news until after the uplist, which I believe will be much sooner than most expect. Everyone is free to wear sunscreen, or in this case to buy JBII while it is at a ridiculously low level for the imminent exponential growth cycle to come.
Well, you did kinda' step in your own poo.
LOL - you guys are ruthless.
Many investors use call in brokers to conduct their trading transactions, and currently the few radar screens that JBII has popped up on are unable to recommend a buy due to the volatility and OTCC.BB listing. As previously pointed out, there have been 8k's filed in conjunction with most, or all of the PR's (no fluff). Transparency should be apparent to those searching the truth of this jewel of an opportunity. JB has previously stated that he will be traveling to NY next week. At the rate that he has been moving this company forward, I highly doubt that it is just to see Central Park in the wintertime. The big board wants us just as much as we want them.
I like your thinking on this. Member mark to you!
The following weeks, IMO, will bear this out.
I am sure that you meant that 'the following weeks will see the bull out of the gate'. (GRIN)
JB's response to the possibility of JBII being bought out or sold following the uplist surge:
"Please remember, this is our entry strategy, not exit strategy. Most companies go public so the Funds/JVs can sell their stake (exit) or the company needs capital. My strategy is different. I realize multiples of wealth can be achieved, acquisitions are easier, and rapid growth inside a public entity is highly rewarded by the markets. Very few successful entrepreneurs understand this and usually avoid going public because of the "Idiot Founder" problem or Funds/JVs taking over the company."
December 26, 2009 at 5:53am
43.79
Which quarter?
Some sweet lookin' data on the following page:
http://www.profitspi.com/stock-quote/jbii.aspx
Says about an hour ago.
[edit]
From a reply to Aaron.
Gotta' like this reply from JB2FB:
"We'll be silent about our progress like early Dec and they will all be caught off guard."
LOL - nice.
Gotta' like that!
The extent of most of their DD is to look at volatility, and then they move on to the next stock.
Wise decision on this one. I am a little surprised that you would take EP's bet though, as even a little bit of DD is enough for even an amateur trader like me to see the tremendous growth potential of this company and stock in a relatively short period of time. IMO, it is not too late to climb aboard and go for the ride of your life. GLTY
No pump required for JBII - the company is doing just fine without the hoopla. I highly recommend that everyone join this train before it leaves the station. And no, a leap from 1-7 dollars PPS does not constitute leaving the station, as that was just starting the damn engines. Do some actual DD and climb aboard.
Damn! A whole lot of shorties on that board!
Looking for that DMI bounce as well.
Picked up a few more shares today myself.
Consolidation is good.
I have been a bit conservative in my past predictions.
Agreed GW. If all the new eyes will just do a little DD, then they can easily reach the same conclusions. Much of my family is just now getting in and I am also still buying up to $20 PPS (at a minimum). I honestly believe that $100 PPS is achievable within 1 to 1.5 years.
Strong & Tight! A PR today about returning more shares to the TS would be the final catalyst of 2009. ~IMO
The shorters are hard at work today on JBII and EONC.
Definitely champagne!
My previous opinion was that it would go to $5 before the end of the year; however, we now see that was a bit conservative. I am still holding fast to a $20 PPS in January. If we receive news today that JB has returned an additional 9mil shares to the TS, then we could easily peak to $10 PPS today, and today is a full trading day as well.
My only current holdings are of the LEH LOTTO and a P2O rocket to the moon, and I am planning retirement in 2010. Happy New Year to all!
Semi-retirement will begin for me when it reaches $100 PPS. Until then it is just fun & exciting to watch the story unfold.
Yep! That is pretty much what I saw too.
Amen.
Merry Christmas to all JBII shareholders & your families!
Nice SM!
This is only the beginning...
Over 100k trades in the first 30 minutes!
Most likely crying in his beer now!