Replies to post #246852 on Plastic2Oil Inc (PTOI)

[DZ25]

Good insight and well thought out post Bueno. Thank you.

[jcoukr]

Good post Bueno I agree

[arvitar]

So again while I do not think any stock price is a perfect barometer of operations, in this case I do think we can use it as a fairly strong data point. And because of the points above I don't think the stock price will need filings to drive it.

Right from the start, JBII has always been a barometer of the degree of belief that naive pink sheet gamblers have in Bordynuik's hype. Nothing more, nothing less.

JBII went from nothing to $7.00 based only on belief in Bordynuik's hype, and it has fallen back to nothing as belief in that hype has waned.

The "knowledgeable base of shareholders" has never acted rationally based on some calculus involving filings, operations, profits, facts, or the like.

They have always acted irrationally, driven purely by their degree of belief in a too-good-to-be-true, ridiculous, unverifiable fairytale.

All the rationally acting players who consider things like filings, profits, facts, and the like, sold into the first big PUMP to $7.00, and are long gone.


Why, suddenly now, would share price be useful as a "fairly strong data point", when it never has in the past?

[P2OBleavR]

Thank you for your candid non-biased remarks. We are so close but not there yet.