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I think that's the point - even a layman can look at those charts and know instinctively that the opposite of a natural free market is at work.
One of the facts about 'hard' AI, as is required for profitable NLP, is that the coders who developed it don't even understand completely how it works. If they did, it would just be a regular program. What's even stranger is that they can't use regular tools, like a debugger, to observe the algorithms' behavior, because it interferes with the processing and causes different trades to be emitted. In a very real sense, they can't explain why their robots send the orders they do. They can tell you what data they "trained" it with, and what sorts of data they "feed" it, but they're inherently unpredictable.
Such nonsense. Either he made the whole thing up or someone is playing him for a fool.
It's no different than using a poker-bot online or an auto-aim cheat in a video game. Even children understand how wrong this is.
We're so screwed.
Good grief, I spent so much time editing that post with the pretty pictures that I didn't even notice there were comments...
More importantly, how did the moonbats find that article before I did. I try to stay a step ahead of them on such matters.
11 people liked this.
Looks like Stephen Lumb's next support base just formed.
What's clear is that that kind of trading is manipulation and should be banned.
As to what happens when a market that has evolved to depend on those systems to function "normally" suddenly has those machines turned off... not so clear.
Just ate a dozen fresh off the boat. September 1! First month with an "R" in it.
oh great. the knife. don't tell the *pattern* queen
It's better - not only are the MM's out to get us but now we have to worry about "bizarre robot traders".
ROBOTS! RUN!!!
how about gulf of mex oysters
The oysters are fine - the vast majority of oysterbeds remain uncontaminated by oil or dispersant. The harvest was badly damaged by the opening of river floodwalls, etc, in the effort to increase the flow of water pushing away from the port/MS River and inland marsh. That freshwater killed off much of the crop.
They'll be more expensive for a year or so but they are as safe to eat as they ever have been </ducking>
Just noticed it was published Aug 4. Surprised it hasn't gotten any attention from anywhere. It's like in the movie "Hunt For Red October" when the sonar guy records the "seismic anomaly" sounds and plays it back at high speed to prove they were man-made (stealth submarine).
I also got a *chuckle* from this: "High-frequency traders do employ algorithms to look for patterns in the market and exploit them, but their goal is making winning trades, not simply sending quotes into the financial ether.
You folks have got to read this. The chart patterns are amazing - I have a feeling this is not going to end well at all:
http://www.theatlantic.com/science/archive/2010/08/market-data-firm-spots-the-tracks-of-bizarre-robot-traders/60829/?utm_source=KurzweilAI+Daily+Newsletter&utm_campaign=a51e1d888b-UA-946742-1&utm_medium=email
The fairy tale certainly came true for Lumb. He lives a carefree life of luxury and excess because naive investors believe his con. I'm sure he would thank you if he cared even a little about you.
I would hate it if JBI announced the stack test was done. I like the new style of saying most things through SEC filings signed off by Withum, for now.
Withum only signed off on the restated financials in the 10K/A. The 10Q's are unaudited. Withum isn't even mentioned in the last 10Q.
The stack test could very well be done but not announced.
Or the stack test could have been cancelled but not announced. Or it could have failed but not announced.
Of all the things JBII wouldn't announce, completing the stack test successfully isn't one of them.
Kidd's shares should have been eligible to come off restriction 1 year after the Javaco acquisition (Aug 24, 2009).
His holdings have already decreased to at most 2.25 million shares - he never amended his 13G after giving a mill back to the company and another 250k shares to regain control of Domark. They've likely already been sold (or traded).
Does anyone still believe that the Javaco/media credits acquisition was on the up-and-up?
I agree. Is the fuel blending site trying to generate revenue other than P2O? Why not?
I'm curious why it took message board posters to discover that the facility was being purchased from the CEO's aunt and uncle. Why didn't the company disclose that up front? For that matter, why where the plans to acquire the blending site withheld from shareholders for months in the first place? Are we to believe that the P2O plan from the beginning didn't involve his uncles blending facility - that its existence was just a cosmic coincidence?
Is that the facility in Canada that the CEO acquired from his aunt and uncle with shareholder funds? Why didnt he disclose the family connection when he did that? Why didn't they accept discounted stock instead of cash if they believe in the venture?
Seems shady.
Next week? Is that just a guess or did someone with the company pass that info along? Its better than "any day now" I suppose.
You are not alone. Indeed, lots going on behind the scenes.
BOARD MARK INCREASE ON A RAMPAGE
It's not often people get to watch a slow-motion trainwreck happen live.
So much information supposedly derived from phone calls to the company has turned out to be false though. Why would anyone believe what they are told by them now? Clerical errors about OS increases and such.
Post Unavailable
Additional Information
Billions of airshares take up lots of space.
Ex-clearing does not play into the daily short volume numbers. Could be in addition to or as some claim, they way they cover. LOL!
How many people would have to be involved in such a scheme? At what point do the naked short sellers cash in and pocket millions of dollars? Where does that money come from?
The Islechem report satisfies everything reqired by DEC , or any other regulatory agency...To state otherwise is just totally false and an attempt to liebel JBII. Very curious?
Then where is the air permit? Filings state that Islchem was hired in Dec 2009 to help submit paperwork for permits. The stack test was just "days away" back in April. Yet still no stack test, no appliction filed and still no permits.
Truth is absolute defense to libel. Knock yourself out.
(1) Islechem worked on the 20 ton processor. Not just the 1 ton.
How did they do that when the 20T processor wasn't even fully delivered/assembled at the time of the Islechem report?
(2) There is no evidence that Islechem stated the pollution-free aspect is just in according to the EPA. No air toxins is no air toxins. Period.
Islechem said there didn't "appear" to be any toxins. Doesn't say how/what they tested. Basically just a guess.
It would have been inappropriate for Islechem to define "near-diesel"? Or it may have hurt the pump?
Okie-dokie!
JBII specifically stated near diesel is diesel with gasoline fractions that can be easily separated into diesel and gasoline
Then why didn't Islechem say that then? Or anywhere that doesn't have a Forward-Looking Statement disclaimer?
I have no need to comment further onn Agilyx's patent if we operate under atmospheric pressure - with or without an inert nitrogen purge. Taking away a claimed element of a system or method patent does not infringe. Adding an element (eg the catalyst) but still using all of the claimed elements does.
I agree. If JBII's process works as they claim then they have effectively improved upon Agilyx's patent. All the more reason for JBII to protect that IP as soon as possible - after all, Agilyx would be interested in that technology and it wouldn't take much for them to reverse-engineer this:
Float: 30,692,032, OS unchanged
Aug 27, 2010:
OS: 51,036,926
Restricted: 20,344,894
(Float: 30,692,032)
Aug 23, 2010:
OS: 51,036,926
Restricted: 20,519,529
(Float: 30,517,397)
Aug 18, 2010:
OS: 51,036,926
Restricted: 21,310,104
(Float: 29,726,822)
Aug 5, 2010:
OS: 51,046,926
Restricted: 24,597,054
(Float: 26,449,872)
Aug 3, 2010:
OS: 51,046,926
Restricted: 25,081,951
(Float: 25,964,975)
July 28, 2010 (3:27pm):
OS: 51,046,926
Restricted: 25,581,926
(Float: 25,465,000)
July 28, 2010 (12:05pm):
OS: 51,046,926
Restricted: 25,644,426
(Float: 25,402,500)
July 23, 2010:
OS: 51,046,926
Restricted: 27,486,926
(Float: 23,560,000)
July 19, 2010:
OS: 50,657,229
Restricted: 27,097,229
(Float: 23,560,000)
June 25, 2010:
OS: 50,158,450
Restricted: 26,598,450
(Float: 23,560,000)
May 10, 2010:
OS: 50,158,450
Restricted: 26,708,450
(Float: 23,450,000)
Apr 26, 2010:
OS: 50,118,450
Restricted: 26,668,450
(Float: 23,450,000)
Apr 13, 2010:
OS: 50,114,700
Restricted: 26,664,700
(Float: 23,450,000)
Mar 3, 2010:
OS: 50,102,200
Restricted: 26,652,200
(Float: 23,450,000)
Mar 2, 2010:
OS: 71,102,200
Restricted: 47,652,200
(Float: 23,450,000)
Feb 17, 2010:
OS: 69,309,700
Restricted: 45,859,700
(Float: 23,450,000)
(Source: PACIFIC STOCK TRANSFER COMPANY - Tel: (702) 361-3033)
See also:
Mar 3, 2010: 21,000,000 shares were returned to the Company and retired by CEO John Bordynuik
http://www.sec.gov/Archives/edgar/data/1381105/000121390010002805/f10ka2009_jbi.htm
Jan 27, 2010: JBII OS is 68,701,056
http://www.sec.gov/Archives/edgar/data/1381105/000121390010000306/f8k062509a2_jbi.htm
Dec ?, 2009: 9,970,000 shares were returned to the Company by CEO John Bordynuik and retired; He also returned 30,000 shares to the Company in exchange for 1 million shares of JBII Series A Super Voting Preferred Stock
http://www.sec.gov/Archives/edgar/data/1381105/000121390010002805/f10ka2009_jbi.htm
Nov 16, 2009: JBII OS is 58,725,106
http://www.sec.gov/Archives/edgar/data/1381105/000121390009003274/f10q0909_jbi.htm
Nov 6, 2009: JBII OS is 58,100,106.
http://www.sec.gov/Archives/edgar/data/1381105/000121390009003050/pre14c_jbi.htm
June 30, 2009: JBII OS is 53,790,513
http://www.sec.gov/Archives/edgar/data/1381105/000121390009002176/f10q0609_310.htm
May 20, 2009: JBII OS is 63,700,000
http://www.sec.gov/Archives/edgar/data/1381105/000118518509000498/holding310-10q33109.htm
Apr 24, 2009: John Bordynuik purchases 40,250,000 shares of 310 Holdings common stock (TRTN) from former CEO Nicole Wright for $80,000 (representing 63% of the OS). 310 Holdings (TRTN) is eventually renamed JBII.
http://www.sec.gov/Archives/edgar/data/1381105/000121390010001230/f10k2009_jbi.htm
Mar 31, 2009: TRTN OS is 63,700,000.
http://www.sec.gov/Archives/edgar/data/1381105/000118518509000231/holdings310_10-k123108.htm
Agilyx was able to find private funding for their process and avoid the added expense and hassle of being a public company. Why didn't JBII choose that route?
Or maybe it already happened and they failed. So long as we're guessing, might as well consider all possibilities, right?
I think you misunderstand. If you'll read my post history you'll see I'm not much of a pumper! I've had FFGO leftovers for a few years and put the last 800k or so up at .0002 a few months ago when it was obvious Lumb was planning on drawing out this last pump. Took 82 days to fill.
No clue. I tried to talk them out of it but they did anyway :)
I had my order at $0.0001. Today it took 11 minutes to fill. Yesterday it took 86 minutes to fill. And on Tuesday, it took 180 minutes to fill.
My sell order at .0002 that finally filled a couple weeks ago took 82 days.
How long do you think it would take now?
Why do you keep replying to me with your hype? This is as clownish of a pump-and-dump scam as I've seen in the pinksheets. Tom is as bad as Lumb.
Juggernaut of volume you mean? Who is selling all this stock? How can the volume have tripled and the PPS still not move? It appears someone with millions of shares (more than Kidd) simply doesn't believe the company or the promoters.
JBII now on the #1 Top Tier Level: OTCQX, a level comparable to NASDAQ Stocks
LOL!!!! I have a nephew who plays tee-ball, a level comparable to Major League Baseball.
Pinksheets! Comparable to NASDAQ? What happened to the uplist that was coming any day back in February?
Except neither of those have happened yet.