What the market told us when JBII was at subpenny in 2009 or $7.00 in 2009 wasn't very reliable.
There's no reason to think that at .40 the market is wise. We could be back to subpenny or $7.00 in the future, and the .40 mark told us nothing other than the markets, JBII included, aren't very efficient.
Inefficiency leads to opportunity. Trade and invest accordingly.
A scam with intent. Juicy's PRs and actions are like any common pinky scam. The magic catalyst story is BS. It is nothing more than a run of the mill scam claim to have trumped multi billion dollar companies who have spent hundreds of millions of dollars over the past 50 years on the same thing and have never succeeded. It all comes down to the too good to be true story. I don't think that anyone could say with good conscience at this point that the claims of 10$ a barrel and taxes are the only worry are an outright lie. As SEC filings now show that beyond a shadow of a doubt.