LOL, from exactly one year ago today. JBII closed at $5.00:
fourkids_9pets Member Profile fourkids_9pets Member Level Share Tuesday, March 16, 2010 7:47:07 PM Re: MorningLightMountain post# 33210 Post # of 96281
well that is one way to look at it
could be that most are just hunkered down patiently waiting out the calendar :)
JBII Volume 13,192 Average Volume (10-Day) 24,791 Average Volume (90-Day) 59,679
i personally like these low volume days to add shares on an as needed basis .. and it's always interesting to see what *size* trades are used to bid whack the pps wink siliconinvestor.com ----------------------------------
Estimated_Prophet Member Level Share Tuesday, March 16, 2010 12:51:13 PM Re: None Post # of 96283
JBII~$4.50-4.70 should be a good accumulation zone going forward if the tide has indeed turned. It may mostly depend upon an uplisting. If not, then it will be extremely important for IsleChem Report to reach a broader audience.
The key sign to watch for if JBII is ready to truly breakout should be a break of 5.50. You will hope to see 50k+ volume on that day, and for the bid to quickly move up to 5.50 and stay strong. siliconinvestor.com ----------------------------------
techisbest Member Profile techisbest Share Tuesday, March 16, 2010 10:13:25 PM Re: None Post # of 96283
No posts from JB on FB today. Unusual? siliconinvestor.com ----------------------------------
techisbest Share Wednesday, March 17, 2010 6:53:30 AM Re: None Post # of 96283
I don't know where John got that $18 number for the next PIPE. Wishful thinking only? How much of the future can be priced into the stock?
I agree with rce9rys that the early going will be self-financed. I'm basing that on John's statement regarding when a new PIPE would be offered. He has a lot to prove to get investors to price in that future. I think 5 sites reporting revenues in line with expectations would do it. I think that can be achieved without outside financing.
Another reason I think this will be self-financed is the emphasis being placed on making PakIt a revenue generator.
There will be a spike in the price once the IsleChem report comes out. There will be a spike in the price once an uplisting happens. I doubt either/both can sustain any spike.
The market is forward-looking, but only to the extent that the price can be justified by expected revenues. Right now the expectations are high, allowing the current price without definitive proof.
But definitive proof, in the form of generated revenues, will be demanded going forward.
I don't think $18 can be sustained without that proof. siliconinvestor.com ----------------------------------
Zardiw Member Level Grandfathered Member Share Wednesday, March 17, 2010 10:31:42 AM Re: SteveF post# 33271 Post # of 96284
Last I heard we have institutional support dude.........et z siliconinvestor.com |