"JPT" Update

Ouch. We got caught holding the bag on this one. I thought is had a real chance. We had an opportunity yesterday to bail ; however, the news seemed good and it looked like it had a nice run in it. I was wrong- by the end of the day it faded away like a "One-hit Wonder". Too many retail traders involved I think. Thought many times to bail out and did not. We are not going to do anything with it right now. It is not a bad company and we are going to let the traders clear out. Besides- it looks like there is not much to do out there. Check emails for updates.