InvestorsHub Logo
Followers 4
Posts 421
Boards Moderated 0
Alias Born 12/07/2010

Re: None

Tuesday, 04/24/2012 10:37:46 AM

Tuesday, April 24, 2012 10:37:46 AM

Post# of 312015
My assertion is a big buyer wants shares of JBII. The "persons unknown" who seems to want JBI to fail, it seems, have been working the stock down looking for shareholders to sell out of panic. This big buyer has been putting up little resistance but has been collecting as many shares that have been offered. (making them work to bring the price down)

As you can see it did not take much to move the stock from 1.05 to 1.15. It is hard for a big buyer to load shares in a stock like JBII without sending it much, much higher. The rally last year could have been a big buyer starting a new position.

If a whale is here, they tend to have whale friends. Look for JBII to be range bound until the company is ready to show significant fuel sales and profitability. When that happens look out. Own what you are comfortable with and hold for the next two years.