one other point that is erroneously laid at my doorstep
i have never posted that daily reg sho by itself *matters*
what i have always posted is that daily reg sho >> shown over weeks >> months and years >> does show a pattern and i've proved that >> by calling contemporaneously in march 2011 >> that reg sho percentages were blowing out >> which was significant >> because of the low volume and a rigidly CONtrolled pps
it was of course the PROS >> doing their thing in advance of what would become *record* setting volume done in JBII just one month later >> (april 2011 which *beat* jan 2012's volume by 700k+)
that *volume* and pps *increase* required the former ceo to issue a PR
this was also part of the hedgie PROS' *process* >> they would have had their *CONnections* informing them of non disclosed letters >> going between >> the sec and corp
it's also why >> various smbs' *were utilized* to start posting about a WN (wells notice) well in advance
goal is always to break a stock's pps >> if a co. like JBI can be killed off in the meantime >> even better >> breaking a stock's pps >> usually means shares can be obtained for the end goal
this is why my info has to be neutralized and labeled >> it's ok
i understand exactly why that is
waiting to see what pps triggers >> (clearly far lower than 4.20) and what volume triggers threshold on JBII for a 3rd time :)
as i noted and posted back in may when i'd had a chance to digest the filings >> i knew damn well that *patterns* would have to change out >> which like other aspects i called in advance
and that is why this time around >> the pattern of the PROS not *enabling* a *run* on JBII >> matters
last 3 weeks there have been 3 very distinct aspects in play first was *blocking* at every turn >> 2nd was *low volume* (again anyone can break out a calculator and add up daily data) and 3rd >> and most recent >> are the last few days *trading* where ask side is *thin* >> meaning only the *regulars* are doing the *volume* >> every other MM is placed well up the ask
regular MMs' on JBII are NITE/CSTI/ATDF f/k/a AUTO
clearly news is *anticipated* by the PROS >> i can only imagine how frustrating it is >> to have no one selling >> and *volume* essentially non existent >> compared to last year's AGM >> when the SS was 25M *less*