JB and ZJMY Holding Co (JBZY)

[NoWayJones]

Your logic doesn't make any sense. I already said this once, but if Wang actually believes his case is strong enough to win the PPS would be irrelevant because if it goes up the company would profit and not the illegitimate shareholders.

If the case doesn't work out, it's still irrelevant because those shares will either get immediately sold back into the float, or they will trickle back in in small doses of the owners are smart. I would say they clearly have some investing intelligence otherwise they would have sold the shares long ago when this peaked earlier in the year.

Either outcome is no justification for Wang to keep the price at these levels, because ultimately if the shares get sold back in someone else will buy them and if it's not the company they can't resell them anyway so it makes no difference to them, OR if he does get them back, they're retiring them anyway, which is only going to make all of our shares worth more (including Wang's convertibles)... but the current PPS going up on news would only help the company. It makes no sense for the defendants to just dump all of their shares at once and if they were that stupid they would have done that already.

Bottom line, I just can't see the connection. If someone else out there can explain it to me im all ears.