So since early November, Jones has basically been .29-.31 cents. Besides JC, who else is trading this? Although the volume has really been higher than I'd expect, its really too low for anyone to be making money on this small spread, so it must be investors setting up for the future. Anyone know how to find out what the current shares sold short have been doing these last 3-4 months. I could not find anything on it. Does the Nasdaq delisting affect the ability to short?
nuttierthananidiot would have you believe that jsda is dead in the water. Jennifer Cue has righted the ship, plugged the holes, and 2013 will be the best year for Jones Soda. If you wonder who keeps buying shares at .29 and at .30, ask yourself why? By all rights this stock should be at .15 cents. But it is not. There will be a run up. Will it be a head fake or the real thing. Watch for news, cause this thing could shoot up fast. I'm looking to sell at the .75 cent level, I've been buying for the last 6 months, and it will happen.
Me but not trading, accumulating for long term. May ultimately be another REED but with lower sales growth and more profits as JSDA cost structure is much leaner. BTW, with last years biotech stock profits I quit my day job.