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Don

01/17/13 7:59 AM

#12675 RE: JPetroInc #12674

If there is manipulation, it is shareholders as they control the MM's prices...

Has lots to do with shares being held in an illiquid low float stock...

No interest, no volume...

Campaigns won't help...

IR won't help...

There is nothing of interest for long term investors in this POFS...

Day traders can't as there is no liquidily...

Buy the ask!
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lambchops

01/17/13 8:19 AM

#12676 RE: JPetroInc #12674

You say its "MM manipulation" but I am a banker and there is always an explanation most people don't realize. A major SH, hedge fund, etc. can go to the MM to secure the pricing it wants. So, sometimes you'll see the PPS go lower to make the purchase. Sometimes, there's a T-Trade after hours. Smart money seems to be accumulating this stock. It's probably also another reason the CUSIP and name change are occurring a week later. We'll just have to see what goes on the second half of the month.