"The price of JBII shares had no business up where
Post# of 43064
Manipulated up by whom? There were people on the message boards who were thrilled to buy JBII at prices up to $7. If I had believed JBII/PTOI's numbers, I would have been buying shares myself.
JBII/PTOI's founder said he could make $80,000 processors with each one capable of producing 115 bbl of oil per day at over 90% gross margins, so each processor clearing around $10,000 per day! That equates to a return on investment of over 40,000% per year! Unwary investors, oblivious to the fraud, whipped out their spreadsheets and started buying in droves while singing about their good fortune in discovering JBII.
The only manipulation I can see is JBII/PTOI's founder making fantastic but fictional claims and investors responding by scooping up shares and driving up the share price.