If you must know, sold all that I purchased at $1.88 earlier in the year just after quarterly results. Made a nice 40% profit though did miss the big run to $2.90+ Still have stock at $1.61 which goes when the stock hits $2.22. Will buy back in at $1.90. Jamba is a merry-go-round. Keep smiling boys.
The Oracle of Escondido has spoken. He was gone the whole month of July when we had the runup but is now back to offer his guidance. I don't need to look at the share price, just see if he is posting. If he is, we are down, if not we are up.
Well, if your're waiting for the bottom it is coming up fast today. Stock is down almost 22% from recent highs and insiders are selling. Stock is falling like a rock this morning. You may still be able to buy below $2.00 this week. Keep your eyes open.
Like I said above, I learn from everything. Thanks for the heads up on the cycles. Looked at a 2 year chart with 10,50 and 200 MA's. 11 cycles in two years, 9 major (40 or more per swing) and 2 minor (20-25 cent swings) Based on MA crossings 10/50 or 50/10, this drop should bottom out near 2.30 (% between dif's) if this is a good pattern. Peaks occur near 1/4 reports. Lows 5 to 6 after. The two deeper dips at the end of last year indicate the trend swing up.
Makes me like this one even more. Being able to increase the position on every swing is candy. Looks to be only a couple of days before it bottoms so I missed this one, but I will be all over the next.
I have a couple of others I do this with and just love them.
Stock is still up almost 100% for the year but it is unsustainable. If you bought at $1.80 or below, get out now, book your profits and buy in again when it falls below $2.00. This has been the trend for the last 3 years. Up 3 or 4 cents then down 10 cents or more as it slides below $2.00. It keeps repeating..........
Opps, 269k Please tell me Stacy why you want to post on here and keep telling us what a bad investment JMBA is. We that have done our DD believe that this an investment with a good potential upside. Yes it may be risky, but we have done our home work and believe in it. I have not invested thousands of dollars in to this without looking the Company and it's Management over very well. No it was just because I like smoothies...