Replies to post #47308 on Plastic2Oil Inc (PTOI)

[Rawnoc]

I don't care about random penny stock statistics andy more than I'd care about random stock hand statistics when playing poker and I'm dealt a full house. That would be stupid of me to say "well, statistically speaking the odds of winning your poker hand are very little" while ignoring that I know from research that holding a full house massively beats the statistical odds of winning vs. a random hand.

JBII isn't random to me. I choose to play this hand because my research tells me that the odds are massively in my favor of winning vs. some random hand or random penny stock. So while I appreciate advice being thrown at me on what to do with a complete random penny stock, but I find it as useless as somebody telling me what to do with a complete random hand of poker when I already know that I hold a full house in my hand. So I just sit back and smile.

On that note, I think I'll go to the casino and play some poker today and/or tomorrow. Been a while. And it's fun to beat people who think they have a chance at winning just because they pay attention to random statistics. :)

[Rawnoc]

comparing track records of penny stocks like JBIIE to the inevitability of a sun rise is amusing, though.....don't know who would believe such things but that's just me.....

I thought it was a pretty straight-forward simple analogy that all savvy investors who read it would understand. If you think there aren't many savvy people here I would disagree. I think most people here know that as we wait for a forward event to occur, the longer it takes means the closer we are to it happening. Seems like it would be extremely stupid to conclude the opposite. I don't know who would believe we're further away from the permit now than 3 weeks ago, but that's just me. Seems pretty stupid bordering on insanity.