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  4. Plastic2Oil, Inc. (PTOI) Message Board

I agree. I've been saying Mr. Bordynuik is a liar

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Post# of 43066
Posted On: 10/18/2014 5:58:14 PM
Posted By: Faustus
Re: PaperProphet #14932
Quote:
I agree. I've been saying Mr. Bordynuik is a liar and that the stock is worthless after I ran across this company over four years ago. I'm certain the people who rode the stock down from as high as $7 down to $0.075 are bored with what I have to say.



I would guess that the number of people who rode the stock from $7.00 to .075 is pretty small; I think the DCA for posters here varies quite a bit.


Quote:
I'm not even charismatic enough to get people to believe the math showing that PTOI's process is worthless. That's pretty bad when straight math can't convince people. How low on the charismatic scale am I when I can point out the math and people would still rather lose 99% of their investment rather than listen to me??



If you're referring to your "simple math theory", I think that was shown to be relevant only when HDPE prices are @ or above $537 a metric ton; I believe I came up with a number of instances when sellers were asking far less than that, as well as a number of scenarios where it pencils out nicely when they simply use the output to offset their own fuel needs..... And we never even got to examining another assumption that the simple math theory rests on: the notion that just because a market for a product exists, anybody in possession of that product will be able to sell every shred of it at a price arbitrarily assigned to it by you ( .40 / lb, or $880 a metric ton). That assumption sort of buckles under its own weight, once it is exposed.....

Quote:
I've been in the same boat, posting about a number of other scams like PTOI over the years and the story is always the same--I can't ever convince a soul and they invariably take a beating while fighting me with every breath. However the situations are interesting to me so I keep posting anyway.



Well - from where I'm looking, out of the 998 posts you have made, the overwhelming majority of them have been here, not on "other" scams (not to say that there aren't any, because I believe that there are). Hence the suggestion to broaden your horizons, come up with a new angle, or maybe buy a few shares here and there, just to say you did. It might help you find your charisma again.


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