i use quote media myself <for historical pps data>
regardless it was well known <time frame> and it was a huge mistake .. (done by those who DO) due to a few factors .. not the least of which was the no. of JBI shareholder in attendance at the co.s first ever annual meeting held just weeks b4 <april 2010> with over 400 shareholders in attendance .. which most understand <who attend annual SMs' recognize> is unheard of at this level .. i think the no. quoted at this year's meeting was that there are now over 5000 investors in JBI and per those who attended this year's meeting (approx) 500 were in attendance .. clearly not the run of the mill .. *anything*
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btw it was actually *less* than 800k in volume but it's easy to *round* off data vs. memorizing the high and low pps <which was actually 1.45>
most likely paula is quoting my stats <since i do keep them>
jbii's pps decline was actually done on less volume but paula is correct that 5.00 was the high for that week <5/10/10> .. the low is 1.45 done 11 trading days later .. the decline was led by the MM with the MONOPOLY in JBII .. <documentation done daily on JBII et al>
when those *efforts* failed in actually getting folks to sell due to a variety of reasons including restricted shares ... some of which <certs> not deposited in any brokerage acct>
not surprisingly .. CSTI was brought into the mix <that was friday july 9th 2010>
within weeks CSTI would become the SECONDARY MM in JBII with an eye popping *volume* done by the eoy .. of course nothing beats the volume done by the PRIMARY MM in JBII but clearly by dec 2010 .. CSTI was well mired in the mess created by those who DO
impressive to note what CSTI *did* in relation to NITE & PERT in just mere months *active* in JBII/E MM MONTHLY DEC 2010 YTD
for those who may be *relatively* new to JBI/JBII .. the 8k came out <re: WSB's hire at the com on 5/14/10> and this topic was *well discussed* .. contemporaneously so folks with *interest* should indeed read posts from the appropriate time frame ... the week of may 10th 2010 thru subsequent events <jbii landing an e> and so on
edit>> COM/com = close of market <after 4pm>
now with usual manipulative bs done against legit co.s <like JBI> on the poorly watched OTC .. the clock was ticking <it still is> this past week's *efforts* remind me of dec 2010 <another not forgotten effort>
paula is right .. it's basic 101 .. separate out the stock from the company .. particularly on the poorly watched OTC
<JBII> will indeed move back up in the blink of an eye depending on what exactly is 8k'd or PR'd by mgmt and when JBI's mgmt *courts* national media exposure :)
5 .. 7 .. 10 .. 12 bucks .. i can see that realistically <pps> when JBI is cash flow positive and when Rock Tenn has processors on one site ..
i see 18 to 20 pps with national *exposure* and a successful implementation
however .. imo mgmt's *intent* articulated re: uplisting is when the game of resetting <short swap shuffle> done daily on JBII goes the other way.. and then for those of us who *observe* .. who does what .. when .. and where on JBII's tape
game is on >> i'm beyond curious to see how *NITE* and *CSTI* handle that over the weeks and months b4 uplisting is accomplished
my *opinion* is national media is courted when the co. is cash flow positive and ROCK TENN has their first site operational ..
what i'm more curious about is which direction mgmt goes re: exchange sought .. i would expect that event to come to pass in 2012 imo mgmt will articulate intent by eoy or very early into 2012
a reminder their annual is uploaded/filed in march ..
personally i look forward to noting YOY and QOQ data thru 2012 <for annual out march 2013> .. but that is me ..