Plastic2Oil Inc (PTOI)

[fourkids_9pets]

it truly depends on the integrity
of the brokerage firm where held

==
i'm with fidelity and jp morgan
& smith barney <tho' that account
is so old i think the name has
since been changed> i hold jbii
shares in cash accts in both
fidelity and jp morgan

i have GTCs' set on all my shares ~ JBII included

and not to *malign* either fidelity
or jp morgan but i'll be clear imo
there are some firms who will loan out shares
from cash accts even tho' they aren't supposed
to ~ if the PPS is high enough and far enough
away from where the current pps is <that is why
i always refer to MMs' *laddering* up the pps>

this is all info i got from senior brokers OTR <off the record>
back in 2008 time frame .. because i couldn't understand
when i knew for a fact where <majority of> shares
where held in an OTC stock .. and why *volume* showed

it's very little real and a large part *counterfeit* and
it's done via the MMs' under the dubious guise of *liquidity*

so for example if the GTC is set at say 20.00
bucks >> and the acct holds 25,000 JBI shares
and the PPS is at 1.50 .. the risk/reward exists
for certain less *integrity* oriented brokerage firms

so an iou <never seen by the customer> goes into
the acct .. and the shares get loaned out for a
specific period of time .. this is where it's vital
for *investors* to understand the multi dimensions in play

again these are cash accts i'm referencing

i've also watched
margin accts be *raided* for NEEDED shares as well

again a *segment* will scoff at this .. but on another legit
OTC co. .. i watched a long have 6M of his 20M shares taken
out of his acct so a bear raid could ensue .. 6M of 20M were
done on margin at X pps .. they were *pulled* @ 6 ticks higher
to short and create both volume .. FUD .. and a 12 tick
*downward* pps ~ and it was all done in one day

that is why while i have GTCs' set on all of my JBII shares
i keep the PPS close to the day to day trading PPS

and adjust them accordingly based on what transpires

when it comes to smoke and mirrors and the US market
and where JBII trades .. i trust very few entities

just a reminder this advice came from a senior broker who
got started in the early 80's and has literally seen it all

the conversations were held in 2008 and while specific to
another fully compliant co. that traded on the OTC .. i've
never forgotten it .. and have found on one other co. with
a far larger SS .. the tactics given *DO WORK* based on
something remarkably similar to JBI investors .. shares
held tightly .. and certs never deposited in brokerage firms


however
when GTCs' lapse due to shareholders being human and not computers

the volume increases to 4 X the *avgs* .. 10 day or 90 day

something to keep in mind where JBII is concerned

==
4kids
all jmo