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Commando911

06/16/11 8:46 AM

#113972 RE: bbotcs #113969

I remember leisure suits in the 70's too. What's your point? This is by no means a fad.
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grantg2

06/16/11 8:58 AM

#113982 RE: bbotcs #113969

I recall $10 a barrel oil in the 1990's?



Seriously? you think that is even a remote possibility?

ROTFLMAO... so that's how today is going to be!
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waikikian

06/16/11 9:33 AM

#114013 RE: bbotcs #113969

What if a meteor hits Thorold? OMG. Better sell now! JBII is doomed I tell ya.
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Justice37

06/16/11 9:41 AM

#114020 RE: bbotcs #113969

Are you serious. Start doing your research sooner than later. First up, look at the problems we have with plastic. According to the EPA 97% of all municipally collected plastic is put into landfill and most of the 7% of plastic that is recycled is recycled into items that cannot be recycled. Plastic manufacturing has increased an average of 8% over each of the past few years. Google the Pacific Garbage Patch and report on what you find.

Next, do some research on the difficulties of recycling plastic, there is a reason only 7% is recycled.

Here are some links for starters.

2009 EPA statistics regarding municipal waste.
http://www.epa.gov/osw/nonhaz/municipal/pubs/msw2009-fs.pdf

7 Misconceptions About Plastic and Plastic Recycling
http://www.ecologycenter.org/ptf/misconceptions.html

Do you really think that the increasing problem with plastic is going to go away and that any form of green technology is going to become unfashionable.

You can predict that the sky is going to fall as well as saying oil prices are going to drop 25%. At the same time, so, what if the cost of crude oil drops to $75, JBI currently sells fuel for WTI + $11, that means they would sell fuel for $86 a barrel for only a $76 a barrel profit. Also remember that the current sales are most likely introductory deals as the company attempts to break into the market. JBI's profit margin is better than what traditional fuel providers have. For example, big oil, pay full crude prices for more than half their fuel needs, they can't drill enough and yet they are still extremely profitable paying full crude prices for more than half their stock. The plastic that JBI receives is free. Companies give it to JBI instead of paying landfill tipping fees. Look at the above statistics, there is no shortage of plastic and no shortage of potential profits for JBI.





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quarterdeck1

06/16/11 9:43 AM

#114022 RE: bbotcs #113969

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64267943

snag all the IMSK cheapies you want

JBII is heading higher IMO

MUCH

HIGHER
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Steady_T

06/16/11 10:21 AM

#114060 RE: bbotcs #113969

I'm more concerned with a meteor hitting John than I am with oil going back to $10.

If oil goes back to $75, which COULD happen, then JBI makes $65 per barrel on it's product. Any "competition" JBI has in the plastic to oil space goes under or is seriously crippled because their costs are between $45 and $55 pe bbl.

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P2OBleavR

06/16/11 11:39 AM

#114114 RE: bbotcs #113969

You're too young to remember the oil boom in the 60's. When the wells weren't producing 20 brls a day they would cap them because they weren't making enough money. That was in the days of small oil making these decisions. Companies like CO Gas & Oil, Derby, etc... Those companies don't even exist today. Do you honestly think Big Oil will allow prices to drop to that level. Ever hear of controling the price of oil?