Relax.. Anyone can say something is going for fail for months and for a day or two be correct. You just sit around making an obnoxious name for yourself on a board you don't have stock in? What kind of trader are you? Time is money and you are wasting it.
JSDA will be back on nasdaq in the next 12 months. Contrary to the idiots posting nonsense on here, volumes actually fluctuate on a daily basis.
Revenue decreased 20% to $3.1 million, compared to $3.9 million last year.
• Gross margin decreased to 24% of revenue, compared to 27% of revenue last year.
• Operating expenses decreased 57% to $1.1 million, compared to $2.7 million last year.
• Net loss improved 76% to $399,000, or $(0.01) per share, for the first quarter of 2013, compared to a net
loss of $1.7 million, or $(0.05) per share, last year.
Companies going broke don't post those kind of numbers.
Revenues declined 20% to $3.1 million compared to revenue of $3.9 million for the first quarter of 2012 reflecting management's strategy to reallocate resources from certain markets while focusing on key core markets, particularly during the upcoming busier summer selling season.
As to that posssible change we need only wait for some 4-5 weeks for the Q2 figures to be released. In the meantime the more left to right price movement that develops on the chart between 0.58 and .63 the strong base that's being formed can develop into a spring board if there is real positive fundemental change taking place.
Unfortunately because of the sparse trading in a stock with a market cap of over 38 million shares, we see skewed low volume trades causing abnormal trade swings on little real $ value. Even trade days of 300k and 400k and shares your talking about less than $250,000. We've had ecstatic comments about a $25,000 day 3 or 4 cent price move.
Then again perhaps to those who are strong supporters of the stock this looks like real money.