"No it isn't. JBI was an iffy, overhyped company t
Post# of 43064
I might have given Janice Shell too much credit in the past. It wasn't bad management which destroyed JBI. The problem in these stocks invariable happens earlier than that. Fake claims are hyped up to pull in investment money and the scam continues until people run out of money or are no longer willing to fund it. Bad management had nothing to do with JBI's destruction. There was never anything of value in the company from the start.
If Mr. Bordynuik's claims of 90% gross margins were true, it wouldn't matter how bad the management was.