Plastic2Oil Inc (PTOI)

[XenaLives]

Seems pretty clear to me, common pattern when there is little actual trading MM's and hedgies try to keep things "alive".

Volume occurs on low short days - wash trading.

On most of the days that the stock goes up due to real buying, the short percentage goes up because the stock isn't liquid.

Because of deficiencies in regulations and off shore trading that does not get reported as NSS, there is no way to know if purchases are filled with "borrowed shares", legitimate sales, or just plain counterfeit.

IMO - the issuance of proxies (or lack of same) will tell a tale when the next shareholder meeting is announced. I Googled "JBI United Shareholders" and came up with some interesting info.

      Date	VolShtd	High	Low	Close	Chg	ShtVol	RegVol     
        
        Jul 21   28.22%  0.40    0.38    0.38    -2.56%  6,400   22,676  
        Jul 19   48.28%	0.40	0.37	0.39	+5.41%	32,760	67,860   
        Jul 18   33.22%	0.39    0.365   0.37    -5.13%  37,100	111,670    
        Jul 17	25.53%	0.39	0.35	0.39	+8.33%	24,349	95,369       
        Jul 16	23.14%	0.41	0.362	0.362	-9.50%	6,411	27,711     
        Jul 15	75.78%	0.40	0.35	0.40	+5.26%	23,466	30,966      
        Jul 12	26.88%	0.38	0.35	0.38	0.00%	12,265	45,630      
        Jul 11	64.32%	0.38	0.32	0.38	+18.75%	41,912	65,161       
        Jul 10	32.86%	0.34	0.32	0.32	-11.11%	66,815	203,330        
        Jul 09	17.59%	0.37	0.33	0.36	-5.26%	38,846	220,816        
        Jul 08	15.66%	0.46	0.33	0.38	-19.15%	31,900	203,717        
        Jul 05	8.52%	0.48	0.40	0.47	-2.08%	11,001	129,122        
        Jul 03	97.26%	0.48	0.45	0.48	0.00%	8,870	9,120        
        Jul 02	33.06%	0.50	0.42	0.48	+6.67%	20,395	61,695        
        Jul 01	46.79%	0.50	0.41	0.45	-4.26%	27,111	57,941