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Jones Soda Co. (JSDA) Message Board

  • amplastbag amplastbag Nov 27, 2013 12:41 PM Flag

    Doubt Stock Will Close Green Today

    My educated guess is folks got carried awya on their owm as the share price tripled in price from the 30 cent level. It is also apparent that none of the posters here have either read the 1;Q2 or Q3 Financial reports or understood what Ms. Cue et all repeated time after time in each one.

    The Goal of the management team that took over less than 2 years ago was to strengthen the Company's ability to distribute a much more concentrated product line after eliminating the losers of yesteryear with a very limited cash position. An unbiased analysis of the 3 quarters just completed show this was successfully accomplished.

    What they must do now is demonstrate that the current product line is being accepted in markets that they previously failed to penetrate or where the product was not accepted. This will not be established before the completion of Q1. They must be able to operate for the balance of the quarter without losing a grip on their cost control program and not squandering valuable cash on unproven plans.

    If after today's last full trading day for 2013 Tax Selling, the main reason for the volume explosion, we see a reverse to the penny ante trading volume that has been to signature of the price moves to $0.91 we should understand what really has taken place and why. The real clue to what may lie ahead for JSDA will come with the Post 2013 trading in Q1 of 2014.

    My bet on this "Speculative Gamble" still is on the plus side for 2014 only now I'm playing with the "houses" money.

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JSDA
0.405-0.0050(-1.22%)3:59 PMEST

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