Your predictions on share price have been spot on and I highly value them. Apparently some huge invoestor(s) do, given the large buy blocks. Analytically though, I think we now must take a "leap of faith" to support levels as high as 75-80 cents. The leap of faith involves whether they can grow sales and maintain tight cost controls - both are necessary if JSDA is to be profitable. My concern is with revenues. When can they get to a point of single digit revenue declines vs year ago quarter, then when can they match year ago quarter revenues?? Comments welcome.
The next few months will be interesting. We know they can control costs. Now what about growing revenues? My guess is that summer revenues are much higher than this quarter but still well below that of summer 2012. The magnitude will determine stock price. But we will not know until August. That gives plenty of leeway for both the bulls and the bears.