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Jammin Java Corp. Message Board

  • patchinas12 patchinas12 Oct 23, 2013 8:49 PM Flag

    Back to $.48 - now where?

     

    Almost the same price I sold at in mid-September. Do I wish I had held on? No. I took my $$ and invested in other securities that are up significantly(!!!) over the past month. I am way ahead of where I would have been if I held on. Selling JAMN in mid-Sept was the proper move even if JAMN goes quite a bit higher from here.
    Although we won't know the exact amounts until the 10Q is released Dec 15th, it would appear that the stock price has gotten ahead of itself when compared to the underlying business value. JAMN has yet to earn any profits, and it's highly unlikely that it suddenly will in the quarter ending Oct 31st. Nothing is ever simple in the stock market, but the one thing you can count on is speculators always losing in the end. Unlike the Lord, the market does not forgive those who know not what they do.
    In the meantime, sit back, relax and laugh at the hilarious posts on this site posted by those who truly know not what they do. I am especially fond of papa.knowell and Ms. Raid. Jsteveco730 and bigjim1437 (it's the same guy) can also be counted on for clutch-hitting nonsense.

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JAMN
0.19+0.01(+5.56%)Dec 19 3:47 PMEST

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