Replies to post #85405 on Plastic2Oil Inc (PTOI)

[Zardiw]

From dedicated watching of Level 2. Tomorrow you can see them go through for yourself.......Notice the trades after every uptick..... 5,000, and 2,500 trades..........z

[BigGreen101]

I completely agree PKG.

I do not know where people are getting these ridiculously high short number estimates from. Shortsqueeze.com also gives a number of 19,600 shorted for JBII.

I figured people were selling, not shorting. There is the potential for a tax write off here for all investors that bought in the high dollar range earlier this year.

The recent pop in PPS give an upward momentum to the stock. We may have also had some day traders get into the action and drive it higher. Then all the hype of the CC, which for some was not what they expected. Now we are at the point of trying to find a new level of support.

I hope to pick up some more JBII stock next week and start averaging down again. JBII is doing well within my two year investment window (14 months in)... I have the feeling I will soon be extending my horizon on this investment since they made some significant milestones recently.

Cheers