They hold way too many shares to even mostly get out by 80 cents. JBI is likely to need another PIPE shortly and it will probably be well below 80 cents. Not sure if that will trigger re-pricing (or issuing more shares) to all of the 2012 PIPErs or not, but it's obviously going to increase selling pressure.
Right now, with few buying, PIPErs, along with everyone else with a large position, are already bagholders.
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