Good companies do report good and bad news to keep
Post# of 43066
Posted On: 06/04/2014 9:44:02 AM
Good companies do report good and bad news to keep investors informed. JBI doesn't report bad news until they need an excuse for the lack of results.
What makes this report different is that usually JBI announces the problem which prevented full production and simultaneously announces that it has been solved, leaving investors believing there are no more obstacles. In this report they've just given an excuse for 4Q2013, 1Q2014, 2Q2014 and for the foreseeable future.
It's certainly telling that the company just basically told everyone that everything ground to a halt six months ago and currently sits in that state, yet the bid has barely moved. Those long and strong average downers still want to gobble up shares.
What makes this report different is that usually JBI announces the problem which prevented full production and simultaneously announces that it has been solved, leaving investors believing there are no more obstacles. In this report they've just given an excuse for 4Q2013, 1Q2014, 2Q2014 and for the foreseeable future.
It's certainly telling that the company just basically told everyone that everything ground to a halt six months ago and currently sits in that state, yet the bid has barely moved. Those long and strong average downers still want to gobble up shares.
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(0)Plastic2Oil, Inc. (PTOI) Stock Research Links
Yes, I understand your penny stock also is the real deal, created with the inventiveness of Edison and destined to be the next Microsoft. Yes, I understand that the delays are also only because your company is making their product and/or technology even more revolutionary.