Thursday, July 22, 2010

"Pipeholder" suggests "faith" in JBII is appropriate

I would gather from the share price that some investors are losing faith in JBI and in JB as CEO of the company. Some have said that scams are led by people that the investors have had blind faith in and have been led by this to disadvantage.

I can see why. It is true that we thought the process would move along a little quicker than it has. However, it is not unusual for a company of this size and comparative youth to run into delays and setbacks. It is now apparent that the move to $7 was not sustainable.

This lack of faith in everything is becoming an epidemic. People have lost faith in their countries, their governments, their institutions, the stock market, other and in themselves. Perhaps its a product of the time.

But I would rather have misplaced faith than not to have faith at all. Our fathers and grandfathers had faith. Thats why they fought in the great wars. They believed and had faith. The story on JBI will play out over the next year and it may or may not work as many believe. Only time will tell.

Its still very speculative and other setbacks can and will occur. If JBI works, P2O has the capability to add something positive to our lives. I will lay my chips down on that faith.

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