Originally posted by riverbabe
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As Web's World Turns
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Made Some money on JBII
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Originally posted by Websman View PostBTW...Those thought aren't mine...I reposted it from Ihub. The link is at the bottom of the post.
As I told you before, I have made a little money on trading JB and I don't regret doing it. This was a great lead from you and so many people here, including me, are eternally grateful.
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Originally posted by billyjoe View PostWebs,
Great post. Many of your thoughts and concerns are mine also. Maybe being an eccentric genius makes John appear suspect at times. We don't often come in contact with characters like him. I don't want to lose money and don't want you to lose all you've gained at this point. If JB comes through on his promises, Webs, many of us will be tellin' stories of the great vulcan investor for years to come.
---------------billy
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olrac,
That is an interesting site although I don't know how to interpret all the data, the lists of buyers/sellers is impressive and often surprising. Thanks for posting the link.
--------------billy
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Just found an interesting site regarding institutional investors. Data is approx. 2 months old but seems interesting. Any comments on it?
Thanks.
Olrac
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Web Good Idea
Originally posted by Websman View PostLife without risk is no fun...
Anybody who really researches JB and the company can not help but be intrigued. John said that there will be a P2O machine running and producing oil, at the Annual General Meeting in Niagra Falls...I don't think he would be saying that if he didn't think he could deliver. My feeling is that the Niagra Falls machine is already running.
If possible, I'm planning on attending that meeting, so I can see for myself if P2O is real. If there is no machine, I will be the first to call JBII a scam, and will dump my stock....and I will admit that Lye is right.
As far as losing money....My average pps is .55. It's not like I have my life savings tied up in this stock. as usual, I only invested money that can afford to lose. If JBII were to go down in flames, I will continue trading stocks.
Gezzzzzz If I invented a machine like JB says he did ......I would invite the POPE and press up there to see it .....WHY would I want to hide anything?
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Originally posted by billyjoe View PostWebs,
Great post. Many of your thoughts and concerns are mine also. Maybe being an eccentric genius makes John appear suspect at times. We don't often come in contact with characters like him. I don't want to lose money and don't want you to lose all you've gained at this point. If JB comes through on his promises, Webs, many of us will be tellin' stories of the great vulcan investor for years to come.
---------------billy
Anybody who really researches JB and the company can not help but be intrigued. John said that there will be a P2O machine running and producing oil, at the Annual General Meeting in Niagra Falls...I don't think he would be saying that if he didn't think he could deliver. My feeling is that the Niagra Falls machine is already running.
If possible, I'm planning on attending that meeting, so I can see for myself if P2O is real. If there is no machine, I will be the first to call JBII a scam, and will dump my stock....and I will admit that Lye is right.
As far as losing money....My average pps is .55. It's not like I have my life savings tied up in this stock. as usual, I only invested money that can afford to lose. If JBII were to go down in flames, I will continue trading stocks.
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Webs,
Great post. Many of your thoughts and concerns are mine also. Maybe being an eccentric genius makes John appear suspect at times. We don't often come in contact with characters like him. I don't want to lose money and don't want you to lose all you've gained at this point. If JB comes through on his promises, Webs, many of us will be tellin' stories of the great vulcan investor for years to come.
---------------billy
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Here's a good post about JBII...
I've definitely been prone to some silly outbursts in my euphoria along the way, as you well know, and now zen does to(had one with him this weekend with him). My quick comment on those outburst to both of you is that I think most times that people/organization set out to do great things, that too many people piss on them along the way. Maybe it is a good motivator, but I don't understand why people aren't able to give the benefit of the doubt more. I actually do understand, and I guess having a public company opens you up to that.
If John is executing a pump and dump, or thought he had something huge, and is backed in a corner, and now has to greatly stretch the truth to keep it going, I'm definitely going to be shocked. I feel like I could have spotted Maddoff, but maybe not. I have constantly analyzed my thoughts and assessment of John and JBI, and they always conclude that John is the real deal and very honest. That doesn't mean he hasn't done some silly things. As I said in the post on jbii board, we are all human.
Anyway, to the point of validation. We all know business takes longer than we think. We have all been apart of that. I really don't think that glove incident was faked. I spoke with John on the phone about it. I have now spoken to him a few times in 7 months. He comes across as incredibly honest. I'm communicating with a poster on the hub board in email, who has decades of experience in clinical psychology, and they agree 100%. John has his family, friends, and residents of his hometown all in this stock. He has secured some very tough contracts with the tape business. Getting oil and gas to give him their tapes can't be understated on how much trust would be needed to do that. I guess you could say, we don't know for sure if they are customers, but we do know they have MIT, NASA, etc.
Starting to ramble and say things I've said many times. I don't think IsleChem would be in on this. I don't think John would throw it over to them the instant he received the machine, which he basically did once that second container came in, if he was worried about the process. Building the "footprint", manual, safety precautions, and taking the machine apart and rebuilding several times would obviously take a lot of time. One thing I've learned about John, and any optimistic person(same in reverse for pessimistic) is that you have to double or more the timelines of what they project. John works his ass off, putting in 15 hours a day. I'm glad it isn't flying to the next investor confidence type of work your ass off. I do worry though that it is, doing 15 million different things though. I would theorize that John gets easily bored, and thinks VERY big. So, he put a ton on his plate. More than he can handle. He's learning how to be a CEO and manage many dozen people on the fly. John's optimism allows him to get incredible amounts of things done, but he still falls well short of the expectations built, fair and unfair, by the shareholder base. I want my CEO to be that way, rather than the reverse though. If you have the reverse mentality, be my accountant. Another thing is they left their goals/business plan on that old website for months. They said they would be operational in Sept. I think, and it was mid Nov. and they hadn't done half of what was on their goals list. I think a scam covers that up right away, instead of showing how far off they are for two months. It was my joking about it that I think got them to finally take it down.
I can't properly explain my entire thoughts on this in writing. There has been tease and delay, but I think it comes from honesty. Honesty that he wishes he could have accomplished, but got too aggressive on his optimism. Projecting his own work ethic onto others, that is unrealistic, and misjudging all the little pieces along the way. I remodeled a large portion of my home two years ago. I would say, ok, I'll be done with the bathroom in 6-8 weeks. 12 weeks later, I'm still finishing up the final touches, because I misjudged having redo ALL the plumbing, and ordering this part, and the list goes on.
We have a final date now, April 24. Show us the machine then, or the stock is done for. Good to have a date nailed down. Personally, as my friend has said, we have check mated the situation. We got in at 1-1.20, so the chances of losing money are extremely thin now. Doesn't mean we won't kill ourselves for the rest of our lives for leaving so much money on the table, but I think it is worth the reward, and my personal assessment of the risk says this is the real deal.
We shall see. Going to be very volatile these next few weeks.
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