Replies to post #125144 on Plastic2Oil Inc (PTOI)

[quarterdeck1]

exceptional breakdown, member marked!

[BRIG_88]

Eye on the prize which is P2O....JBII isn't the first nor will it be the last company to face a problem like this....it's a tier 1 violation for crying out loud...imo they get fined at worst....the lawsuits are no surprise as the vultures always swoop in if they think they smell a nickle....the company will move past this and it's just not that big a deal no matter what anyone says....

[fourkids_9pets]

great post and worthy of digestion

i noticed .. and have sent the info to those
who've requested it .. two competing entities
for JBII shares over the past few weeks just
based on the unusual lineup of MMs' *active*

i've always seen the signals in JBII .. what
was obvious to me this week were the very
obvious feeds to PERT <on both sides of bid/ask>
which is why i suspect that after NITE & CSTI
PERT may well be no. 3 MM active in JBII
for the month of JULY

there are other MMs' who were in lockstep
including AABA and ASCM .. just a reminder
that AABA is the MM fka CHDN

anyhow .. thanks for the insight .. very much appreciated


==
4kids
all jmo

[loanranger]

I respect your effort but unfortunately don't have the skill set required to appreciate it. My communicating is normally done without the assistance of graphics.

"The red arrow marks the day the Wells Notice was actually issued."
That being July 14th.

"I do not believe it is possible for anyone at the company to have such insider knowledge at this time, so I believe the SEC is the only possible source."
I can only assume that the phrase "such insider knowledge" refers to the awareness that a Wells Notice was issued and the phrase "at this time" refers to 7/14.

According to Ihub, average volume is around 229,000 and the volume on 7/13 was around 285,000, so it seems reasonable to think that the company was referring to the 832,000+ shares traded on the 14th when they said "recent significant trading activity". The 1,258,000+ shares were traded on the day after the 8-K was filed ("Accepted 2011-07-20 17:32:08"), so the company certainly shouldn't be surprised by that significant trading activity.

So I'm left to conclude that you don't feel that the company could have been aware of the Wells Notice on the day that it was issued. These are the only known "facts":
1. According to the 8-K the Wells Notice was issued on 7/14.
2. According to the 8-K "The Company was unaware of the notice until shortly prior to its receipt".
3. The company does not report when and by what manner it actually received the Notice.

That's all that we've been told. So whether the company could have been aware of the Wells on 7/14 is subject to conjecture. And I understand that you "do not believe it is possible for anyone at the company to have such insider knowledge at this time, so I believe the SEC is the only possible source." I'm not so sure.

[janice shell]

The red arrow marks the day the Wells Notice was actually issued. I believe that someone with insider knowledge shorted as much as they could on that day to drive the price down. Note that after that day the A/D line actually went up.

Has it occurred to you that people who found out about the impending Wells notice simply SOLD?

I do not believe it is possible for anyone at the company to have such insider knowledge at this time, so I believe the SEC is the only possible source.

And why isn't it possible that one or more people connected to the company knew about the Wells notice? After all, the company says it was aware of it "shortly before" it was received. What is "shortly before"? A few days?