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Jammin Java Corp. Message Board

  • j4c8l j4c8l Jun 20, 2013 2:52 PM Flag

    It was a definite pop - is the drop in progress?

     

    Q1 financials were not very good and had some extremely obvious hanky panky with the COS figures - you just don't go from 21% to 61% gross margins in a single bound.
    Then there was a week long media blitz by Toevs. How many millions of shares were traded near the top? Obvious distribution from the knowledgeable to the naive. It sold at 9x, 10x the most wildly optimistic forecast of sales. Way, way, way over priced. Unsustainable.
    Notice how some posters mysteriously appeared, were all over the board and then mysteriously disappeared? Not just here, but elsewhere too. Some were identified as paid pumpers when they appeared. They all use the same technique so it is easy to spot.
    Not saying it was company sponsored but it was a so damn obvious of a pop that anyone denying its existence is completely blind and naive. As obvious as the sky is blue. The biggest lie in investing is things are different this time. Things change slowly not all at once.
    So is the drop on? Dunno. When everyone who is going to buy has bought then it will drop. Gravity from a way overpriced perch.
    Facts, not hopes, always, always win in the end. 2+2=4, not 22.

    This topic is deleted.
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JAMN
0.286-0.014(-4.67%)Jul 11 3:16 PMEDT

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