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From rocktenn fb page RockTenn Corrugated Packaging and Recycling
For those of you who want to see how the JBI Inc. Plastic2Oil process works watch the following news story http://www.wivb.com/dpp/news/niagara/Falls-business-turns-plastic-into-fuel
Falls business turns plastic into fuel | WIVB.com
www.wivb.com
Imagine turning scraps of plastic into usable fuels. Some creative minds are making the idea into a reality, and it's happening right in Niagara Falls.
Corrugated Packaging and Recycling
For those of you who want to see how the JBI Inc. Plastic2Oil process works watch the following news story http://www.wivb.com/dpp/news/niagara/Falls-business-turns-plastic-into-fuel
Falls business turns plastic into fuel | WIVB.com
www.wivb.com
Imagine turning scraps of plastic into usable fuels. Some creative minds are making the idea into a reality, and it's happening right in Niagara Falls.
Shareholders and the company should contact local officials about the attempted attacks by these financial terrorists looking to destroy a local upstart and threat of potential job losses if they succeed. The niagra, new York mayor was featured in a interview at jbii facilities. It's time share holds fought back to expose these criminals.
What was the revenue when jb took over and where is it going to be in the coming months?
Their ultimate goal is to destroy another upstart company that can provide much needed jobs. Financial terrorists destroying the American dream
front running the short position before SEC announcements..not coincidental.
http://shortvolume.com/
pull up 1 year chart and note increased short volume before the SEC annoucements in both in mid 2011 and late 2011. Note the covering that followed thereafter.
A10 how do you place a fair market cap on, based on what's in their pipeline? What cap are similar companies trading at in their market?
Ep Fantastic post appreciate reading educated posts that offer some valuable input re jbii. What is a safe entry point? Def 50 cents, but $1 is what I am looking for. Thoughts,
Can you also give me your opinion on PVSP chart? Thanks
What is the true value of this company if bought out and production is increased to maximum capacity? Who are the potential suitors?
What is the outstanding share count/float? What % is held by insiders?
Note the increased short position days leading up to sec Civil lawsuit..http://www.shortvolume.com/
Timing is not coincidental
Funny how these syndicates don't target golldman Sachs when they receive a wells notice. They cant manipulate larger caps as easily.
That is for the market to decide, not short sellers who influence the sec. You long or short?
Front running is illegal, providing info to the sec to initiate a investigation to benefit a trade is illegal.
Ms shell do you agree it's easier to manipulate stocks like jbii and not stocks like GS when they receive wells notices?
4kids the ultimate goal is to steal the company away from its founders. The technology is a game changer and a threat to the industry. Investigate those who submitted the info to the sec and the contrarians posting since the wells notice was issued and it all points to Short sellers. IMO
Sec is taking info from short sellers who benefit from sec investigations. That alone is illegal.
Hey mate whats your take on CDRG flashing trades every hour on Friday that triggered other market maker moves? This a long or shorty covering?
Matt what are your thoughts on PVSP, if current resistance gets broken, I see the next level of resistance being .055-.065 how do you see this? I see the RSI hitting at least 90 before a correction. You?
Matt someone is aggressively shorting at 27cents, greater than 50% of the volume at this price. Check out stockvolume.com. This could be a great squeeze come ths Tuesday as the company is holding a shareholder conference call at 11 am est. any positive news will break ths short.
Clay thoughts on technicals for PVSP, HEPI, WGAT
HEPI thoughts on technicals?
Has anyone seen CITADEL on level CDRG? Are they typically long or short
HEPI any following this? Technicals looking good. Company has scheduled shareholder conference tuesday.
PVSP - PERVASIP CORP
Page of 1
December 2011 November 2011 Year-to-Date
Volume Rank % Volume Rank % Volume Rank %
Total Share Volume 31,903,514
ASCM
ASCENDIANT CAPITAL MARKETS, L 10,000 12 <1 - - - 11,300,471 8 3
AUTO
Automated Trading Desk 4,176,474 3 13 4,026,018 2 19 66,765,479 3 19
BMAS
Burt Martin Arnold Securities 1,673,225 6 5 1,369,355 6 6 19,806,248 6 5
ETMM
E*Trade Capital Markets Llc 9,736,773 1 30 6,706,580 1 32 86,749,437 1 25
HDSN
RODMAN & RENSHAW, LLC 35,000 11 <1 - - - 402,329 15 <1
LAMP
Lampost Capital, L.C. 193,332 10 <1 - - - 749,790 13 <1
MAXM
Maxim Group LLC 503,500 9 1 - - - 568,557 14 <1
NITE
Knight Capital Americas, L.P. 6,768,309 2 21 2,092,360 5 10 84,101,040 2 24
PERT
Pershing LLC 1,433,290 7 4 829,619 7 4 14,968,956 7 4
RAFF
Rafferty Capital Markets, LLC 3,360,436 4 10 231,650 8 1 4,160,016 9 1
UBSS
UBS Securities LLC 3,230,691 5 10 2,237,486 4 10 20,648,586 5 6
VFIN
vFinance Investments, Inc. 782,484 8 2 2,886,830 3 14 22,992,938 4 6
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=Pvsp&Month=12-1-2011&IMAGE1.x=33&IMAGE1.y=3
*must read* Similar case where company was targeted by short seller expecting conversion>>>€
THE SEC CASE
The SEC filed and settled its similar case on Feb. 26, also in U.S. District Court for the Southern District of New York. Defendants Rhino and Thomas Badian jointly agreed to pay a $1-million fine, without admitting or denying doing anything wrong. Andreas Badian was not named as a defendant in this civil case.
The SEC case, which centered on the same Sedona death spiral, also revealed that an unidentified Canadian brokerage was used in the scheme. "We thank the B.C. Securities Commission for its assistance in this matter," SEC lead attorney Thomas Newkirk of Washington told Stockwatch at the time.
The SEC case also fleshes in other details missing in the criminal complaint.
According to the SEC, the failure by the offshore entity, identified as Amro, to deliver Sedona shares in March, 2001, triggered clearing failures at Depository Trust and Clearing Corp., or DTCC. As a result, on March 22, 2001, the National Association of Securities Dealers placed a short restriction on Sedona shares, requiring any future short sales to be subject to a mandatory close-out, or buy-in, if there was a failure to deliver shares within 10 days.
According to the SEC, Rhino was hardly stumped by this NASD restriction. It just did an end run around the U.S. regulator by shorting Sedona in an Amro account Mr. Badian controlled at a helpful Vancouver brokerage. (Canadian brokerages, especially those in Vancouver, are popular dodges from U.S. shorting rules, as they are not governed by the NASD.)
Rhino, on behalf of Amro, used this unidentified Vancouver house to short a further 350,500 shares of Sedona between March 30, 2001, and mid-April of that year. "Rhino's (naked) short selling in the Canadian account continued to put downward pressure on Sedona's stock price," states the SEC.
According to the SEC, the Rhino scheme was a winner. The aggressive shorting helped knock Sedona's market price down from $1.43 a share, the average between Jan. 26 and March 1, 2001, to 75 cents by March 23, after three weeks of continued shorting. Four days later, Amro did its first conversion at just under 80 cents. Subsequent conversions the next month were done at prices down to 64 cents.
The SEC notes that in the five trading days prior to March 27, the conversion day, Mr. Badian's trading averaged more than 25 per cent of all Sedona volume.
This was not all. The SEC claims that under the skillful hand of Thomas Badian, Rhino rigged the market further. The SEC notes that instead of delivering the converted shares directly to U.S. brokerages where the short sales occurred, Rhino did wash sales and matched orders out of the conversion shares account to the short selling accounts.
"This created the appearance that the accounts that had short positions were purchasing shares in the open market and not covering short positions with shares obtained through conversion of the debenture," states the regulator. "On at least 10 occasions during April, 2001, Badian directed transactions involving no change in beneficial ownership of shares of Sedona stock or placed buy orders for shares while simultaneously placing sell orders of substantially the same size and price."
The SEC notes that Rhino's trading allowed client Amro to profit from the scheme in at least two ways. First, the short sales locked in a sale price for the Sedona shares that was higher than the conversion price for the shares ultimately used to cover the open short positions. Second, Rhino's short sales increased the supply of Sedona shares in the market and depressed the price.
"As a result of the depressed market price, the client converted the debenture to a greater number of shares of Sedona stock, which were already discounted to the market, and which it then used to cover its previous short sales made at higher prices," states a court filing.
These allegations were never proven in court. In their consent settlement with the SEC, concurrent with the filing of the regulator's civil case, Thomas Badian and Rhino neither admitted nor denied ever doing anything wrong.
Bosox professional shorts or hedge funds target companies that sign convertible deals and short the stock based on the size of the cd deal. Do you understand that by retiring the cd that save the company from issuing 40 million + shares. These shares would have been used to cover the short position that drove our stock to sub zero. The 40 million shares ended up in the hands of g3 connect our equity partner, not vulture.
Can you explain ..shortvolume.com shows shortvolume
As long as there is no more dilution the stock is definitely in a uptrend. Technicals are a great indicator but the company needs to deliver on fundamentals and sign some deals.
RSI has a bit more to go before another consolidation. If we get high volume at the open and break through the .035 resistance it's possible we test the 5-6.5 cent range before we consolidate again.
Appears that way...Volume and short volume in the chart are limited to the aggregate volume traded on NASDAQ, NYSE and OTC that has been reported to FINRA Trade Reporting Facility.
Why do you think Arty made his appearance after the close. Follow his posts and silence with this shorting activity, pretty much sums up his activity and role.
43% of the volume Friday or 1.26 million of the volume short
Anyone with level 2. Noticed a new mm cdrg yesterday. Anyone know anything about them? Found this on google
Determinants of volume in dark pools
www.q-group.org/pdfs/darkpoolpaper100810.pdf
File Format: PDF/Adobe Acrobat - Quick View
by MJ Ready - 2010 - Cited by 13 - Related articles
Citadel (CDRG) may be better known for its .... potential dark pool volume, because institutions with large short positions are likely to be hedge funds, so they ...
Pete next important step technically is to break through .035 resistance. Once this occurs this will take another 5-10 trading days, however, we need volume and material news to get us through these resistance levels.
Keep a eye on the RSI levels 70 is a overbought line. Great indicator to watch, this always triggers a retracement. Check out the chart you can see for yourself. Proven on every stock.
Charts indicate Accumulation has surpassed December levels when stock hit .0345! Approaching levels when stock was trading at .0625.
Time Price Volume Exchange
15:59:41 0.0335 26000 OTO
15:49:24 0.0339 17500 OTO
15:40:54 0.034 8500 OTO
15:40:54 0.034 75000 OTO
15:37:24 0.034 1296 OTO
15:33:52 0.034 40000 OTO
15:31:05 0.034 8704 OTO
15:28:41 0.0345 300000 OTO
15:27:33 0.0345 10000 OTO
15:27:03 0.033 245800 OTO
15:26:51 0.0325 28000 OTO
15:00:38 0.032 328000 OTO
14:56:13 0.033 297000 OTO
14:54:46 0.0325 135478 OTO
14:49:35 0.0325 85679 OTO
14:11:58 0.032 70650 OTO
13:45:26 0.0328 40000 OTO
13:24:45 0.032 18000 OTO
13:00:06 0.032 10000 OTO
13:00:04 0.032 40000 OTO
12:44:29 0.032 18550 OTO
12:38:26 0.033 248500 OTO
12:37:08 0.032 147000 OTO
12:33:29 0.032 7500 OTO
12:28:25 0.032 10000 OTO
12:07:53 0.032 90000 OTO
12:07:38 0.0325 10000 OTO
12:07:28 0.0325 25000 OTO
12:06:30 0.0325 5000 OTO
12:02:29 0.032 61547 OTO
he's a weasel behind a keyboard, employed by the hedge fund that shorted the stock.
Cdrg triggers raff to move ask to .0378 auto and nite on ask .033
Cdrg ask now .0425
Clearly watching level 2 you see the shorts trying to desperately cover.
Cdrg triggers etmm ask moves ask to .0349
Cdrg ask now .067
Cdrg triggers auto to move ask to .055
Cdrg triggers HDSN to drop ask to.0325. Same time stamp on level 2