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?
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.
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.
7% here is two cents! If the volume was 20 mil maybe, but on 50k-150k daily?.... which is about what it was even before delisting? It could be manipulated such that your buy was .31, and your sell goes thru at .29, or vice versa.
So you're stating that short interest has on average been increasing at a rate of 35-44% weekly since November?
daily short volume is based on daily volume not by the week
daily short volume goes up and down...todays short volume was 12% of total volume
the last biweekly short interest data showed an increase of 15.59% at the time of the report 7,549 shares short .... but that only tells you how many shares are short at the time of the settlement date ... yesterdays short volume was 16,957 shares 35% of volume ...and wensdays short volume was 44% of volume ...
you shouldn't worry about short interest when jones needs cash to survive ... read the latest 10Q jones is telling you in black and white and filed with the SEC that they have enough cash to last until mid 2013 .. and need to raise capital to survive but that option might not be available to them at the time they need it...