Posted by: BRIG_88 Date: Sun In reply to: jimmenknee who wrote msg# 30799 Post #
Drivel....JBII is being valued on the P2O tidal wave that's coming....starting with the inking of the huge Florida dea covering 45 P2O sites...THAT is what's driving the price of volume or tangible book value based on trailing revenue and earnings...or any other stock price metric......the smart money sees how big this company is going to be and is pricing it accordingly
Trumpery ... the upward-driving price was the result of the attempt to create a sustainable demand.
Not sure what you mean by "smart money" as typical translation = institutions and there is no signs of that going on... perhaps they are looking at the drivel? ;-)
JBII is no different than most OTC companies IMHO-- get people to buy the story as if it were coming to fruition tomorrow when the true tomorrow may never come and most certainly is farther out in the future than the appearance...
...concerted effort to create liquidity that so far has not been either attained (in terms of averages over time) nor maintained.
Fair to trade in terms of milestones but so far your suggested "attained" ones don't accelerate the current required ones to attract the "smart money" IMHO.
... not saying JBII is or is not a mirage, but right now the horses getting lead to water haven't reached the actual water-- but it does look like water I'll give you that :-)
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