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pennybuffet

07/31/11 9:17 AM

#125281 RE: jimmenknee #125273

I believe one very important aspect that you pointed out is PPS manipulation and how it pertains to JBII. Lets look at the recent activity of JBII and remember how during early trading the stock was dropped several times nearly 20% on usually less than say 30,000 volume. After this drop is was a fight throughout the day to close above the midpoint in relation to price range for the day. So given the information you provided about A/D and how it is affected by Paint jobs it is fair to say that the A/D line would more than likely be much higher than it is now if it weren't for the early morning whacks that instantly sunk the stock 20%. I could understand if the paints were done in the opposite manner and used to make the close higher but that is not the case, so from your post it is easy to deduct that manipulation was happening and if not for this manipulation the A/D would be much much higher.