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Mr Money Bags

07/14/11 4:54 PM

#119595 RE: snowman220 #119594

WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE normal correction IMO. Stock has been up so high YOY, it was long due for. As for me, I'll be picking up some shares on the cheap with my paycheck tomorrow:) Lucky me lol
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jcoukr

07/14/11 4:55 PM

#119596 RE: snowman220 #119594

relax dude you have no idea just like everyone else. we could recover all these losses in 3 or 4 trading days. with the right news we gap up to levels unseen for jbi and don't look back. j/v's are looming and when they are unleashed if you don't have your money parked here you will pay.
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GWMAN

07/14/11 5:04 PM

#119602 RE: snowman220 #119594

I do not think it is fickle investors personally. I have held and continue to hold, but the cold hard fact is that JBI is silent and opaque withregard to what the next 3-12 months hold.

Does anyone know whether it will be 1 week or 10 months before processors 2 and 3 are running? Nope.

Does anyone know whether it will be 1 week or 10 months before we have our first JV? Nope.

It has been reported here that JB has stated they want to be cash flow positive within 12 months. Does anyone really know whether the 12 month target for being cash flow positived is because he intends to spend like a drunken sailor and have 20 processors up and running over the next 12 months, or because it will take 12 months to get the 3 processors up and running, or something inbetween? Nope.

Does anyone know for certain whether we will have a P2O marine ship in the next 12 months? Nope.

Does anyone know anything with regard to accomplishements over the past 6 months for setting up the production process for multiple processors so we can actually have a rollout? Nope.

And why are all the answers Nope?

Because the company is basically silent about what hurdles still remain in front of us and what the projected timeline is for any significant future milestone.

When the company states anything of substance with regard to what the next 3-12 months will hopefully hold, the sellers will disappear. When the company actually delivers on a major milestone that shows commercialization is, in fact, here, sellers will disappear.