you need to pick up many thousands of shares to make up for all the ones you picked up at 40's and on the way down...best of luck to ya.....oh and by the way Jamn is a tired stock.....not much interest anymore.....and you have been probably been the cause
I just picked up 10,000 more shares. Thanks for the contrary vote. I have so little respect for you that I am certain JAMN is on the path to success. I am happy that you will no longer waste your time and others' time with your worthless posts.
Let this be my final word (yea): I have beaten the market for over two decades. I have not had a losing year since 1990 when I lost 3%. I can categorically state that JAMN will not survive. It's not a close call. Unless you have the expertise and experience of successful investing for over a decade, buying an individual stock is like running through a dynamite factory with a lighted match - you may not get killed, but you were still an idiot.
Some of the silliest and most foolish and asinine things about investing I have ever read have been on this board. There have been some major fools post here and also a couple of (and this is being as kind as possible) ridiculous loud-mouth morons who acted like they knew everything, while knowing absolutely nothing.
Stop speculating on situations that have such high probabilities of failure and buy a low-expense-ratio SP500 ETF like Warren keeps saying. It may not be exciting, but at least in the long-run you'll make money and beat 90% of mutual funds and other investors.
Sentiment: Strong Sell
The company was formerly known as Marley Coffee Inc. and changed its name to Jammin Java Corp. in July 2009.
The only "value" is the connection to the once popular Bob Marley. Why was that connection removed?
That is $264 revenue, which is offset by $310 distribution and fixed costs, for a loss of $46 each day. At least they are sustainable, renewable, gluten-free and other adjectives that mean little.
A turnaround for sure! It's another $264 for JAMN each day! I'll head out now for my dreadlocks.
Prices don't just double for the sake of doubling. Prices went up because JAMN was brought back from the brink of bankruptcy and they expanded the number of stores. The problem is, it hasn't translated to sales or profits. They're in 10 times the number of stores they were in a year ago, but sales certainly aren't 10 times what they were then. A year ago, their break-even was $13 million in sales; now it's $35-50 million. They spent millions on sales and marketing (anyone here seen any of that marketing?) and have very little to show for it. And now that they got into all the big chains, sales have plateaued and there's no place left for growth.
well you're right man...... there's shameless tape-painting going on like crazy - both directions - in these microcappers
nothing like the price at 4.00 plus...had fun then ..made some money but since then I have left alone....just nothing that appeals to me .....just another stock struggling to make it..Love to come back and revisit it just to see what fluff is still going on
It's expected for a penny stock to have performance like we are seeing. Lots of shares were purchased for half less than 2 years ago. So plenty of people looking to take profits. Once turnover is done, price will double again and have staying power there. Repeating again and again.
I feel really bad about his major losses but,his constant pumping wwith nothing solid except a pr or two sends me into laughter....Feel sorry for everyone that listened....Heh he could of just been sending #$%$ posts but neverless he used and abused the board....People warned about him...hopefully some listened
Maybe the once popular Bob Marley can be used for a brand of toasters or mens socks. The coffee tie in has failed. Rasta-socks? Pop Tarts cooked in a Jamin Toaster?
Patch you weak minded midget, you certainly are losing and have been ever since your mammy birthed you at the kennel with the rest of the litter,. LMAO