Plastic2Oil Inc (PTOI)

[Imperial Whazoo]

Yeah it is indeed a traders play, but you dislike it too much, IMHO. Frankly, I was into it for a while but I try not to lose sight of the need for speed.

EDITED: I'm looking at the level 2 right now. See all that buying they are doing right now at 1.00 and thereabouts? Well, thats people buying in. The reason I know this is so is obvious: They did not turn it down on an avalanche of volume. That last turn was 1.09. The volume came in at or about 1.00 They are stepping back in.

1.00 and such round numbers are a magnetic. They get hit. People obviously think like I do because the volume is at the buy point, not the sell point.

The emotions about JBII are not how to make $$. Trade what you see. Thats the ticket!!

BTW:
You might have seen that guy on Bloomberg the other day whose comment about "investing" made me laugh. He runs some really stellar hedge fund that trades rather than invests. He commented that an investment, in his experience, is a trade gone bad. LOL.

So I take my hits and try again.

JBII is a needed technology. I think the senators and the mayor and the DEC validate it to some degree. Its hard to diss the IsleChem thing, too.

And my read on that guy's article was that it was not even remotely balanced. If you don't approach things with an agenda, asking the plain and straight forward questions, worded similarly to the one I posited in my earlier post today, are more fair.

I hate dishonesty, regardless if the JB guy is the bad guy, or his opponents are.

And anyway, its irrelevent to the trade, if you time your trades correctly.

L8r

Imperial Whazoo