Plastic2Oil Inc (PTOI)

[jcoukr]

Oil recycling is a tough business requiring tight cost control. One of the largest companies went bust trying to make money in an industry with less than 10% margins. JBI doesn't stand a chance competing in that industry

Once again JBI is not going to be associated with 10% margins. I would not have bought this stock if I wasn't certain margins would exceed 100%. I know I know that is silly talk but JBI is a startup company just getting on its feet with production increasing at a rapid pace. The worthless executives that will no longer be on payroll and plastic being purchased not being done at ridiculous prices will drop COGS very quickly.