Fact - Nutty's 3 main points for predicting the end of JSDA for the last 2+ years has been:
1. Cash on Hand
2. Quarterly Losses
3. No Insider Buying by CEO
One of those main points, and the thing he constantly knocked Meissner for was not buying shares himself. But now, with JC's recent buys for almost 90K shares, she has done EXACTLY what he wanted to see from Meissner, which considering JSDA's questionable past, reflects a pretty reasonable show of confidence.
Really, from an "overall" standpoint, we can't argue that Nutty has been wrong in his points because Jones has continued it's descent the entire time. So given he has been correct......Could this actually be a first sign of turnaround once again in the life of JSDA?
The next Nutty signs to watch for will be achieving a quarterly profit, or further resolution to cash.
Will one of these happen?? We'll have to wait and see.
Can one of these happen?? I would say there's a reasonable chance given Nutty's importance placed on having shares purchasesd by the CEO.
Didn't say that turnaround is fact, but CEO purchase could be a step in the right direction. If the old MB was here, I could probably pull up 100 messages of yours that used Meissner not buying as a negative.