First of all, I must say that as a general rule I do not invest in companies that are not close to breaking even. I have just observed that the markets are imperfect and the changes that a company makes for success, although they SHOULD be reflected in the stock price, are not. Especially in a downward market as we have been in for the majority of this year. I took Corporate Finance and all I relaly learned is that you can do ratio analysis until you are blue in the face, all that relaly matters is the eps. Every line of the I/S really boild down to the EPS. I personally think we are at the bottom of a cycle and that things will be up from here, perhaps with another low in September, October, which is seasonal.
To answer your questions:
- will JBI get more contracts? I have no idea. Every company announces contracts. In the whole scheme of things, it is not that important. I would say the chart is more important that news. Of course, how you react after the news and the impact on the chart is key. RIght now it is best to sell on news and let the stock settle. This does not seem to work with JBI, as the chart does not seem to be driven by news. I don't know what is driving it.
the deals I have seen are the kind of thing the blending plant could have gotten without P2O. Makes one wonder...
- will they produce the fuel they have guaranteed? yes, i believe they can produce fuel and sell it to somebody. i don't think they can be profitable.
- no I don't believe that they can produce fuel for the cost they have stated. There is no data to back that up.
- I have repeatedly posted that the capital cost of a P2o machine is in the 1-2 Million dollar range. That is based on my experience.
- no I don't think so.
- way over valued.
I finally reveal my true identity!!!!!!!!!
