Thursday, July 26, 2012 7:34:28 AM
With start ups its even more of a crapshoot. You have to make a lot of extrapolations and assumptions. That is why the risks and returns are high. JBI is no different. Any one that tells you that this is a no-brainer is wrong. This is not a guaranteed investment. You can only add a new piece to the puzzle as you go along.
JBI has turned the corner in one major respect. I have been waiting for JBI to leave the amatuer (sp) hour and start to act like a real company in the way that they communicate. Even if that communication is vague and secretive. I doubt we ever see any more news releases to nowhere that confuses investors.
I rely on intuition to a high degree and on a gut feeling about people.
I think JB is a highly intellegent guy who is rightly placed now. I did not agree with some of the stuff that went on with him as CEO and I think he knows it.
The new CEO and COO are the real deal. They may not succeed and there are still real obstacles in the way and the company will require patience. Flippers and shorters stand aside. Leave this to real investors that have the patience and intestinal fortitude to accept the risks and potential rewards. I am tired of all the junk.
It is what it is. A start up with all the risks/rewards that all start ups have. If the technology works it is a game changer. If not, you lose all your money.
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