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Re: Steady_T post# 44753

Tuesday, 05/25/2010 4:12:19 PM

Tuesday, May 25, 2010 4:12:19 PM

Post# of 312015
Either that or since it was a non-cash accounting adjustments and these filings result in on average of a 1.7% decline then it didn't matter. What he should have disclosed, however, is that the event that normally results in on average a 1.7% decline will be used as the primary weapon in a bear raid to overblow something out of proportion that meant nothing to revenue nor operations nor cash flows but would be very effective against the naive and inexperienced newbie investor for which there are a lot of in JBII. Then add all kinds of baseless rumors about SEC investigations, class action lawsuits even though that's legally impossible, a former subsidiary of a $70 billion company that was named business of the year by the chamber of commerce being a scam, ridiculous claims of shares unrestricted and coming into the market even though they are held in bulk by insiders, etc.....and you got a classic bear raid.

Congrats to all those who didn't fall for it and bought at $1.50 instead of selling where you were urged to.