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.