In my opinion only, there was some old news that came out March 11 that Jones Soda will be selling their new product in April at Whole Foods. The article compared this store to being on Oprah's list. Whole Foods is big. It is as big as Costco. That news is about six weeks old. Last week they had an article that came out the fly on the wall about this being sold at Whole Foods which was about five weeks late. The stock is trading at a new high the last two trading days. It hit a new 52 week high Friday and a new 52 week high today. This stock is definitely in play this week. Volume is increasing. New 52 week highs are broken. News is getting out. The market is open for less than an hour and it traded 100,000 shares so far. I actually increased my shares today. You have to realize this stock has a very low float and it has been heavily shorted too. All of this makes a great play. It is like hitting a tidal wave. It increased in volume and has new record highs. Shorts are being squeezed. They are coming out with earnings on May 9. I can not wait for the conference call. In my opinion only, this stock can move to 2 dollars or more.I love money, money is good, money is green, I see a lot of green in Jones Soda author Master WallStreet Amazon kindle ebook.
I too am long Jones and hoping for good things....However, i'm sick of people saying all this talk about huge short interest. Do your research before posting such statements. There is not huge short interest at this point in Jones, in fact there is probably very minimal short interest in them.
Do you know how low the float is on this stock? When the float is this low, even with a low amount of shorting this stock will rise. It is not trading with hundreds of millions of shares available. This thing could move so fast and quickly because its float is so low. They had two insider purchases over 89000 shares. That to me says a lot.