Do you really think this stock isn't going to 0 as we speak?
Mr. Market disagrees. He says JBII has been steadily heading to 0 for quite some time now (blue line), while the rest of the market has been nailing record ALL-TIME HIGHS (red line):
I disagree. While I do think there are a number of shareholders who have been selling, there are those who realize things are not working now but who hold out hope that maybe next month/machine/quarter/fix/year etc. things will pan out. They have been doing that for a while now.
And to aid that belief each quarter the company gives some hope that the riches are just around the corner. And that is enough for many to hold on, some day if things don't change that will not be the case.
a stock doesn't have to "go to zero" for indication of selling to be revealed......
it was over 5 bucks around the time of the 1st AGM, with all the coming greatness being touted....now there is about a 6% residual of that PPS left.....
yeah, yet no proof of incessant selling....sure.....the numbers must be lying....