Except for the little thing called time... and time is on the longs sides in this play.. Unfortunatly for shorts they could wake up to a very disturbing suprise when they announce what is inevetibly coming! From the looks of things it could be Very soon.
So, I short 1000 shares at $4, and receive $4000, but then cover the short at $1, spending $1000 to do so. I keep the profit of $3000, minus the commission, and that is somehow 300%? Crazy!
Dead wrong. The most you can profit shorting JBII -- or any stock for that matter -- is a maximum of 100%. Shorting at $4 and covering at $1 is a 75% yield. You put up $4,000 in margin, pay interest on $4,000 margin, and make $3,000 on $4,000 or 75%. 300% is dead wrong and false.
Ha. You feel sorry for me buying at $4? Well until I close out my position I have neither any gain nor any loss. But when I finally do, I'll get back to you and double check if you're still feeling sorry for me.
Agilyx is a miserable failure. We've already been over this.
Furthermore it's impossible for them -- or anybody else -- to compete on JBII's RocKeT fuel turf since JBII has a 10 year EXCLUSIVE contract with NYSE: RKT
(1) Agilyx's own permit says they make neither fuel nor oil but a "gel-like substance" that "must be heated to 130° – 150 F to effectively transfer it" For a good laugh, see their permit:
(3) Agilyx's machines are prohibitively expensive, costing up to 10 times more than a JBII machine yet only having less than half the capacity of JBII's NYSDEC allowance and a fraction of what JBII's processor is capable of:
(4) Agilyx requires an entire team of employees (very expensive) to run their system and uses outside energy (very expensive) to run it (unlike JBII who uses free off-gas to run theirs):
(5) Gets worse -- As of April 2011, after 10 years, they only sold 15 tankers worth. How long until JBII sells more tankers, for almost double the price, than Agilyx has sold lifetime?
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