Plastic2Oil Inc (PTOI)

[dreaminbig]

I have a question about the PIPE holders. If they have helped "prop" up the price, what do you think their average is as this point? Do you think it's the same share holders reinvesting at lower pipe levels to average?

And what about the people on the original Expedite list before it became 310/TRTN/JBI? Where do you think they are now $$ in this? Are they holding to regain their investment?


Shorting an OTC stock is very expensive. That said, JBI has had a pretty good short position at times and shorts have made a lot of money.

It's not at all uncommon for PIPE holders to spend a few thousand dollars to prop up the price of securities in which they hold 20 times or more. The hope is that by doing so, new investors will be encouraged to buy in and keep the price up longer term.

You're correct that selling would cause the price to decline.