Originally posted by Eric
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Rut Roh....JBII received a Wells notice from the SEC.
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
This left me no choice but to lock in profits on today's bounce. It's not what I was aiming for, but I did lock in a 175% gain. I still believe JBI's P2O can be huge, but I would like to see these legal issues worked out before I buy back in.
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Webbs good play
Originally posted by Websman View PostRut Roh....JBII received a Wells notice from the SEC.
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
This left me no choice but to lock in profits on today's bounce. It's not what I was aiming for, but I did lock in a 175% gain. I still believe JBI's P2O can be huge, but I would like to see these legal issues worked out before I buy back in.
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Originally posted by Peter Hansen View PostWebbs good play was thinking of getting back in based on the chart , BUT any investigations are ALWAYS bad for the stock
http://finance.yahoo.com/news/Law-Offices-of-Howard-G-Smith-bw-132196845.html?x=0&.v=1
And this post from Ihub is interesting...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65484154
"I don't think you guys are getting this. This is not a trivial matter. It is a real threat to this company. Right off the bat in 2009, I knew this would happen. They were presenting to investors that they had a $10,000,000 asset (media credits) It was BS for anyone that had an oz of brains. But it was in an investor presentation. That is serious.
Their equity issuance was slip shod as well. PIPEs are for accredited investors only. When I went to Niagara Falls to give them my check for my PIPE, I was appalled at what I saw. Anyone with a pulse was able to buy the PIPE. That is not kosher."
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Webbs
Originally posted by Websman View PostAgreed....And it looks like it might get even worse. check this out:
http://finance.yahoo.com/news/Law-Offices-of-Howard-G-Smith-bw-132196845.html?x=0&.v=1
And this post from Ihub is interesting...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65484154
"I don't think you guys are getting this. This is not a trivial matter. It is a real threat to this company. Right off the bat in 2009, I knew this would happen. They were presenting to investors that they had a $10,000,000 asset (media credits) It was BS for anyone that had an oz of brains. But it was in an investor presentation. That is serious.
Their equity issuance was slip shod as well. PIPEs are for accredited investors only. When I went to Niagara Falls to give them my check for my PIPE, I was appalled at what I saw. Anyone with a pulse was able to buy the PIPE. That is not kosher."
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Originally posted by Peter Hansen View PostThank You for the warnings ......RIVERBABE said she NEVER trusted JBII or JOHN B and Billie said he would not buy anymore. I tell ya it must be women's intuition but River nailed this one , and perhaps you saved us from getting an extra nail in our coffins LOL.
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Originally posted by Peter Hansen View PostThank You for the warnings ......RIVERBABE said she NEVER trusted JBII or JOHN B and Billie said he would not buy anymore. I tell ya it must be women's intuition but River nailed this one , and perhaps you saved us from getting an extra nail in our coffins LOL.
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Originally posted by riverbabe View PostSome time look into how many different accounting firms they have had since they opened for business. Like changing their socks every day. All this has been posted before. A quick Google search should pull it all up. Gotta hand it to Webs though for making big bucks on this POS.
There's a lot of money to be made from POS's.
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Ok folks...I'm back into JBII again and will be trying to add more shares to my position over the next few days. Regardless of the legal issues, JBII is about to make another run, in my opinon of course. The latest news about the Rock-tenn partnership certainly took me by surprise, however it had little effect on the share price, probably because of investor concerns over the possible SEC action. Although SEC action is never a good thing, this deal with Rock-Tenn is very significant and adds a lot of credibilty to the whole plastic2oil concept. It obviously works or Rock-Tenn would have never signed a deal with JBII. My profits have been huge and will be even huger soon.
Here's a link to the news....
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Punk
Sorry guys. Didn't have the heart to go thru with telling about the latest "hot" pump&dump penny. But, read the 10Q for big giggles.
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Pandora Media (NYSE: P) has been added to my watchlist. This one has a lot of potential, in my opinion. I will consider buying this one in the near future.
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Webs,
P has one of the worst ratings I've ever seen on a stock, however, the P symbol alone has to be worth millions. How do you suppose they got it? The only good thing is their incredible sales growth rate +136% in last 12 months.
------------billy
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