Value Microcaps Zip Code Changers

[jwbstock]

>> "Pick the day JBII trades below $1.00
>> My JBII guess: 08/15/10"

Look at the chart dude. It went below $1.00 even before my estimated date. I OVERESTIMATED how much the JBII faithful could keep the stock aloft-not understimated.

The stock transfer notes of the preferred stock are worthless facts. All sophisticated hedgies short the common when they have preferrred in order to lock in gains. They can then convert to the common at leisure. Keeping the preferred allows them better voting rights.

I didn't short at $0.80--much higher at $0.97. At today's close of $1.29, I don't see this as "hundreds of percent loss." I've already shorted this very succesfully during the first nose dive, then again when it rose above $3, and then again during its last blip above $2. So far I'm ahead in my trading war on JBII. My current position is not even a flesh wound.

Yes, I'll grant you that it's a bitch to short a cult-stock. But not impossible.

Just sticking to the facts.