there won't be any buyers at all, to buy the shares you will be desparately trying to sell, when JSDA goes down below 3?
In case you haven't figured it out yet, the chart stinks on this stock, and for sure, no one is interested in buying shares. Guess they just re-did that credit line for $15,000,000 to try to keep afloat till next summer, as soda sales are finished for this year's hot season.
No, typically that is what occurs during a period of consolidationg, since we have come off of the $9 low hit within the last couple of weeks, we're up 20% from there, so the fact that we're not flying high right now, doesn't bother me one bit.
Also, you are a jackass for even implying they redid the credit line to keep afloat. If you'd take even the slightest glance at the balance sheet you'd know they had $31 million in cash equivalents and s-t investments, and TOTAL LIABILITIES of $7.4 million. Yes, really looks like they need some cash to keep afloat. What a joke.
What you said is why you do not get it with what Jones is doing.
The only positive cash flow Jones has is the interest income on that "cash & Equiv. & short term,..." Jones is losing money selling soda, so they can not touch that money for expansion, or advertising, as they then will report losing money per quarter. So they must have that credit line in place or the scam great expansion hope blows up in theirs, and the long investors, face. They can't touch that cash for 'general business purposes' so they must have that credit line ready in case cash dwindles. Go read the cash flow statement & see how they can only keep this scam running for a short period of time. The only major positive items are stock option income & interest, soda production is a negative cash flow.
Better learn how to read the financials thoroughly, not just what you like to read, or hear about.
Every reason boasted about on this message board is exploding in the long investors faces. See you below $5.00.