"Savvy Whale Investors" have a report that has been touted as the reason that they bought at $0.80.
If this is such a no brainer, why are they not continuing to 'load the boat'? The CEO guarenteed 'Cast Flow Positve' 1st Q 2013. If $0.80 was a great deal then $0.66 must be at least 18% better, right? The "Whales" plunked down $11 million and have been described as 'billionares / multi-millionares', yet no buys by the group have been reported for months and months. A few million more shares would be chicken feed to multi-millionares and billionaires right? They could 'average down'.
Perhaps this is the reason:
"...the conclusions drawn by SAIC were based upon a number of assumptions made at the time of the report that may be outdated or incorrect or that may prove to be incorrect in the future. Management's current assumptions may differ and additional events, risks and uncertainties may cause JBI's actual results and performance to differ from SAIC conclusions or projections...