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LOL well the good news is you can buy a tanker full of shares for where its trading now. MY GGLB return so far is -99.4% and I didnt buy at the top. LOL
wheres all the ask slappers when we need them??
Some people dont want to learn by the mistakes of others. IMO
I have been honest in my posting and if you dont believe me then so be it. I know how peacock plays the game been there done that got burned! But this time I will play it smarter and trade for free shares. I have nothing against jpt just the BS Peacock does.
had my bid in all day at .0011 thats how you get them
got 611k shares at .0011 today. Wonder who was selling?
looks like sellers are .0013 and buyers at .0011
two of the compaies are showing good profits but are much larger than JPT. Knight is like 10X larger. Plus knight is showing no debt at all.
what is the source of that info? Please provide link
here is about 20 companies and MRTN is one of the better one.
no I pulled two one that is very similar and one of the largest and now a third.
Please read this article http://findarticles.com/p/articles/mi_m5072/is_n39_v12/ai_8879734
please go look at MRTN fins. Its a larger company that JPT but much smaller than JPHUNT. Scott the trucker on this site said it was probably the most similar company to JPT only about twice as large. HUNT is much larger. Neither are making any kind of profits like 20%. 20% return is freaking huge and I dont think anyone has thought trucking was red hot in this crazy fuel cruch.
could you please show me your math on that? Not being sarcastic I just want to see how you got that figure.
I think you should give a FF if JPT is profitable or not because that will determine what our stock is worth. Plus we have no idea what percentage we are getting. I was in a RS once where we got less than 1%.
70 million in REVS doesnt mean they are making a profit. Just means they probably should be. People toss REVS around like its profit. WRONG the industry average is around 4-5% profit margins. Another very similar company (MARTIN) showed around that number also.
we dont know what JPT reasons for going public are and they may have merger plans with another company for all we know. I think this is a totally different animal than fccn and gglb. I don't trust Peacock but I really dont think he is driving the train here. This is a pure spec play and we know there is dilution going on. Would I trust Peacock to walk my dog across the street NO WAY. Do I think a reputable company like JPT with an investment banker is going just screw us I doubt it. If you want to play this just buy as cheap as you can. IMO I assume the dilution is to pay for the deal and pay off old creditors. But I wouldnt be surprised if Peacock screwed the shareholders like he has done on all his other plays.
actually I think it will close as soon as the A/S share is reached. The million dollar question is what are the profits at jpt. IMO The industry average of a couple we looked at is around 4%+ of revenues. I thought I read somewhere that the someone spoke to an officer of JPT and they said profits werent as high as they would like. Someone can correct me if that was not the case so lets say its only 2% of REVS so 1.5 million dollars time a reasonable multiple lets say 10X. That means if the are doing 70 million in revs and only at 2% profit margin thats a 15 million dollar company. Lets say we get 10% then that make our shares worth about 1.5 million divided by a billion shares. or about .0015 at 5% of the company its worth about .00075. Now if the profit is 3 million then its worth about .003 Please check my math
Watch the MM SEAB, they are a good bellweather of where its going on the bid side IMO. If they are buying agressively it will probably go up. If they are way down in the bid stack expect more dilution IMO. Wish I had sold at .004 when I saw SEAB selling hard just before the dilution started to hit. JMHO
I never said it would dilute to nothing. It will dilute to some number and then there will be a RS. I never thought CLXN another Peacock company would hit .0005 either! thats about a 95% loss. My guess is you will be able to this stock with at least three 0s in front of it. My point is they are going to dilute whether you buy at these prices or not. IMO After the RM hopefully we will all be pleasently surprised. Some here bragged about buying at .002 now they can get 40% more shares for the same price. Which would you rather have?
I agree with you there MOMOORE. Figure 1 billion shares(to be safe) and whatever multiple the market gives it. Now if we knew what kind of profits they were making it would make it easier. Also we dont know if we are getting 1% or 10% or JPT. With FCCN we got a huge number 35% I think. 35% of a POS company with less revs than your corner 7-11. I really hope for everyones sake this is a great company but beware a Peacock who speaketh with a forked tongue. LOL
Im holding a small amount at this point. Back into cash and will wait for another buying opportunity flipped my 14/15 shares out at 16/17. If I had done that with FCCN I would be a lot happier today LOL. Look at the shares on trades sections. Blocks of .0012 trades clearing out the ask earlier. If I want I can buy back in at .0012 but I think it will trade lower so I will wait. I dont need to lie to people I know how Peacock plays the game now. So I now have about 10% more money to play with and I can buy cheaper shares. The really smart player trades for free shares LMAO Im not that smart yet !!!
Look guys! Im not a basher just a humble soul who has been down this road a few times. The price will just keep getting cheaper until they have exhausted all the A/S. JPT is probably a good company and I like the story but....You will be able to pick up shares cheaper than this by friday and even cheaper next week. Do yourselfs a favor and dont line Peacocks pockets. Just say to yourself what would I pay for this if I know there are probably another 300million plus shares coming out? My estimate we can debate that number. Then make your buys accordingly.
You and I have been down this road before. We know how Peacock operates.
should we add at .0012 or at .0009 next week? LOL
probably will hold unless the large seller sees a chance to unload a large amount of shares. IMO Unless some big news comes out this will be trading at around .0011 by Friday IMO
if you believe that then I have a nice bridge to sell you. LOL No way JPT share structure is going to be 1 billion shares. LMAO Just trying to be a voice of sanity here. Im sure there are some paid Pu_pers here and some shorters. Me Im just a guy who has gotten burned by Peacock before.
Sell volume running about 8 to 1 over the buys. Tell me this isnt just more of the same old Peacock dilution BS. Pretty easy to buy at .0014 now. Like I said I have nothing against Palmer Trucking and Im sure its a good company but you can bet Peacock will squeeze every nickel out for himself first. My advice buy after the RS and once you see the FINs No way the share structure will be left with one billion shares. IMO
looks like dilution continues. 11.5 million shares in less than two hours. More Peacock BS.
hope those PR's aren't like the ones we waited for on FCCN/AERP.
I hope there are big things that are going to happen here with JPT. But I would count on Peacock screwing the pooch whenever he has a chance. I have been in 3 other peacock investments and they are so far down its not funny. The only saving grace here is once the deal is done Peacock will not be a part of it. IMO Peacock is a POS crook and Andrew Beyer his paid con man.
Looks like heavy dilution when a stock trades almost its whole float in two days! 69 million shares traded! Wouldnt surprise me if Peacock was shorting this stock out of the turks and caicos. IMO My portfolio shows this stock is down 99.14% from where I bought at a few months ago.
hey I hope there is a party. I'll bring some beer.
see some sells at .0014! Guess there is still some selling by the company or private placement going on. IMO
he is a shorter. thats what he does.
I have tried to contact peacock in the past good luck getting a return call. He will be unavailable for the next few years LOL
So is that really Peacock! LOL
Well then maybe you have better info. The only way peacock can raise money is dilution. So believe me if the investment banker or whoever needs money there will be dilution. Putting my big toe back in the water. Like I have said many times I like Palmer, peacock scares me.
hey go ahead and be a stooge. I had sold out my position at .002 a few days ago and bought some today at 14 and 15. If you dont believe me fine. How do we know you even bought any? Better yet go believe Andrew Beyer and you will go broke quick. I have been following these guys since January of last year and ask Penny if that is not true.