Doc -- I was certainly skeptical about whether the JNOT recap plan would work. Many companies have tried similar things in the past without success. It is still possible that JNOT's rise from below 50 cents just prior to approval of the plan to $1.30 today, on gigantic volume (millions of shares a day), is nothing but a huge Pump and Dump scheme with MM's artificially boosting the volume and jacking up the price. But it also looks more and more plausible that it really is working and Markie Mark is getting worked over bigtime. In fact, I think you could argue that the way NPCT has tanked right at times when he would have been most desperate if the JNOT story were true could be taken as supporting evidence for the "JNOT recap is working" hypothesis.
IMHO JNOT's fundamental story doesn't justify this kind of activity, so it's got to be something else -- either P&D or a short squeeze. And if MV really is on the ropes (as some claim) and short tens of millions of shares, he could be financial dead meat within days. If that happens, and his accounts are closed out against his will, we could see some heavy buying in NPCT as his shorts are covered.
I don't see it as being worth Paul's while, at this stage in the game, to try to implement a similar scheme -- All he needs to do is let the good news (when it can be released) speak for itself. But if we happened to get great news at just the right time, MV being bought in could be like a shot of nitrous to the NPCT dragster!!
The main point of all this, IMHO, is that NPCT longs should be aware of the games that are (may be) being played and not be disheartened by action like we had on Friday.
Best regards,
Geoff
