It is neat how your logic implies that no matter h
Post# of 43064
Fact is, many companies never overcome their fundamental flaws and will go straight to zero. I think that JBI has those fundamental flaws. Fundamentally, their processors will never make money. I think that JB, while not being an outright liar, has that trait which all salesman possess; a belief that it is OK to stretch whatever they believe to be the truth as far as you can take it . And I think he has been kidding himself for some time. Not sure what happened with the RKT execs or who brought them in, but Heddle seems to be of a different sort. I think he is merely finding out what is true and what is not. Given the timing of this CC, I can't imagine how they would have the funds to continue unless there has been a sea change in their operating profit. Which seems unimaginable.
So, I don't think this current slide can continue. The company simply can't continue to operate without further funding, regardless of the PPS or your theories of why the PPS is what it is.
Anyway your logic is a neat trick, as it avoids the necessity to face the reality of where the PPS is.
Did you know that as a stock approaches zero, the losses grow exponentially. doubling down at $1.50 may have seemed cool if your AC was $1.75. Doubling down now brings your average cost to $1.00. That brings your unrealized loss per share to .75 from .25.
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