This large of increase can only mean one thing. Nuttie has lost it. No, seriously folks, the market is almost never wrong. The market seems to get it right. This means that the market is telling us that Jones Soda has gotten the ship righted. The stock price could easily reach $1.50 to $2.00 the first week of May. Some are waiting to see an increase in Rev's. It's the only key number that still concerns me. Once that number increases, the rest of the numbers have righted themselves and are working good. Nuttie preached for months that this company was going belly up. Yet they continue to turn out sugar flavored kool aid, and have pleny of cash to operate. Nuttie will have to slit his wrists when Jones soda shows a profit and an increase in revenues for Q-1 2013. Or maybe he can locate some of that kool aid they drank down in Jonestown.......See yah later nuttie.....
it's gone from .25 to .48 today....So I am the one that is delusional? Nuttie, your too funny. When we cross .50 cents next week, and then on to a buck, remind me who's on the wrong side of the profit equation......Sugar is Good!
I continue to believe this is a long term investment. I do NOT see it above $1 until next year, and only if things go well. Longer term I think $4 is possible to close gap. They are employing a "boot strap" approach to selectively grow sales while keeping costs under control. Thus far sales have decreased compared to year ago quarters. I'd like to first see flat quarter sales - but I think it will be beyond Q1.
The market looks forward. With the upcoming earnings report, and the strong selling season, forward guidance will be good and the continued turnaround will be evident. How long do you suppose investors will wait on the sidelines before purchasing shares?