Replies to post #119432 on Plastic2Oil Inc (PTOI)

[pennybuffet]

Perhaps it is just a bear raid to allow the shorts to cover, last info provided indicated around 160,000 short. I would have thought they would have covered before today with the price declining but perhaps today is the day. No one knows why it is dropping but it would be nice to hear from the company, they sure were quick to put out a PR when the price was running high, which caused it to stall just a bit before running hard again. I am holding because I know this stock ca move real quick and I believe we are setting a new base to allow us to run higher, atleast I hope that is what is going to happen, I believe in the company and all the supporters, I really don't believe this is a scam one bit, only time will tell.

[NewMoney]

Nah, it's lots of people getting out because they thought we
would hear something sooner. I guess that's because they don't
understand how long some things take.

How long is that? Almost always longer than you think.

I don't see why JB would not want to go forward with making
obscene profits so I'll wait.

Explosive move upward is coming. Buyers and short covering
will blast us to new highs sooner or later.

I don't care if it's later.

[Ryoko]

The problem is that JB hasn't delivered the bacon. We're seeing a repeat of last year when there was expectations of the Florida deal taking place. This time there's expectations of a JV and major press taking place. Once again, we're left wondering when that's going to happen, if ever.

There's nothing wrong with a developing company taking longer that expected. Shareholders understand that. But clamming up and leaving shareholders in the dark with regards to progress tends to do bad things with the share price.

[XenaLives]

Low float made smaller by stubborn longs makes it easy to do a PSY-OP on the insecure recent buyers.

Look where the volume is, always on the runs up. Despite the extreme price move, volume at this time is still relatively low.

On April 13-17 100%% of gains were taken away in six days and look what it did afterward.

[Rawnoc]

Heard the same thing at .57 just before a +637% rally and fuel sales to NYSE: OXY

[Justice37]

Certainly there are examples on this board of unsubstantiated fears being generated and becoming fact because where there is smoke, there has to be fire (in this case I don't even think their is smoke) and fear like fire spreads. Fortunately both die out and that is when I expect things to correct themselves. Note, I'm not trying to predict where the share price will go, not good at that (is anyone) but I do predict that JBI will have JV's because the technology is as advertised.

[MorningLightMountain]

that was a good call on the "gut feeling" of July 14...... more coincidence, I assume:

On July 14, 2011, the staff of the Securities and Exchange Commission’s (SEC) Division of Enforcement issued a “Wells Notice” to JBI,Inc.,( the “Company”) indicating that the staff intended to recommend that the SEC file a civil lawsuit alleging that the Company violated certain provisions of the federal securities laws .

(from the 8-K issued a week later)