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greedy__malone

07/24/10 9:19 PM

#60351 RE: Zardiw #60345

zardiw MM's could care less about JBII or any other crappy penny stock. It is an electronic market. The "MM" you refer to is little more than a computer program.

Obviously these MM's are not interested in holding positions of penny stocks because 99% of them die a slow painful death. Everybody knows that. MM's treat all penny stocks as a cancer because that is what they are.

They move the price up or down to find the level where buyers and sellers meet and exchange volume. The MM's want volume because the spread is where they make their money.

This silly MM manipulation BS is downright laughable.

JBII is trading for .76 because that is where the action is between buyers and sellers. Monday it will probably adjust up or down just like it will do every day. Some days will attract more buyers and the price will go up. Other days it will attract more sellers and the price will go down.

What is so funny here is that nothing negative ever matters. Restated financials are no big deal because this company aint about media credits, Who cares about the "E" or the pinks because none of that matters. Nothing here matter other than P2O but, when the stock price takes a beating due to all of these "who cares" events then suddenly it is crooked MM's, manipulations, shorting, bear raids etc...

Why does there have to be an excuse for poor performance in the share price based upon corporate events that call into question the accounting used to determine value of media credits etc.?

Seriously, there is no need to make an excuse for the share price. It went up on fluff and it came down because that fluff is a whole lot further away than the fluffers were suggesting. It got some MOMO and that MOMO faded away. This is how pennies trade. Always has been always will be.

JBII is a penny stock not a big board stock. But if you truly want to project it as being something more than a crappy penny stock then stop making crappy penny stock excuses for poor performance of the share price.

It certainly just makes this look like every other crappy penny stock out there don;t you think? Shorty, crooked MM's, bear raid...LMAO!!!!

Come on, how hard is it to just say that the share price is struggling because the company has not yet proven that they will get this P2O process off the ground in the near future. If you believe in the process than this share price is no big deal and need no explanation right? It just looks shady to jump on the crappy penny stock excuse train to try and define a stock price that obviously went down due to factors that include restatement of financials as well as moving to the pinks. Not to mention the fact that suggestions were made over a year ago that this process would be up and running in July of 2009. Those are all realistic and logical reasons for the slipping share price. Not to mention the fact that the original runup certainly wasn't supported by actual events.

It was ready to fall. It just needed something to spur it and the restatement as well as the "E" is all it took.