What the market told us when JBII was at subpenny in 2009 or $7.00 in 2009 wasn't very reliable.
There's no reason to think that at .40 the market is wise. We could be back to subpenny or $7.00 in the future, and the .40 mark told us nothing other than the markets, JBII included, aren't very efficient.
Inefficiency leads to opportunity. Trade and invest accordingly.
Raw
Research & analysis on some of my favorite stocks is located on the sticky note on the SwingTrade board.