their stake is for X years and because they have done this investing b4 .. they also recognize that time lines in play don't run to days/weeks or months
that doesn't mean some won't add JBII shares over the coming weeks if they do that tho' i'd expect that info to be filed (that works for any sells too)
but as the last FOUR MONTHS OF LOW VOLUME *attests* to >> lines have clearly been drawn in the sand >> suspect like *many* >> whales are waiting to see what results are revealed via filing for Q1 fy 2013 .. personally i expect the SOS DD >> so low volume *walk down* to reset 52 week YTD low >> which may make eoy *volatility* worth noting >> i'm also curious to see if mgmt PRs anything b4 eoy and if so .. exactly where that is in relation to JBII's walked down *PPS*
currently >> volume >> 7441 ... pps 69c (ask nite)
"Savvy Whale Investors" have a report that has been touted as the reason that they bought at $0.80.
If this is such a no brainer, why are they not continuing to 'load the boat'? The CEO guarenteed 'Cast Flow Positve' 1st Q 2013. If $0.80 was a great deal then $0.66 must be at least 18% better, right? The "Whales" plunked down $11 million and have been described as 'billionares / multi-millionares', yet no buys by the group have been reported for months and months. A few million more shares would be chicken feed to multi-millionares and billionaires right? They could 'average down'.
Perhaps this is the reason:
"...the conclusions drawn by SAIC were based upon a number of assumptions made at the time of the report that may be outdated or incorrect or that may prove to be incorrect in the future. Management's current assumptions may differ and additional events, risks and uncertainties may cause JBI's actual results and performance to differ from SAIC conclusions or projections...