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Jones Soda Co. (JSDA) Message Board

  • amplastbag amplastbag Aug 7, 2013 11:34 AM Flag

    Trying for Stabilization

    Falling markets keeping sellers from hitting low volume bids. In the meantime low interest keeps the stock from staging any real rally mode.

    Studying price history over the past few months seems to point to the sellers being those who exercised the $0,70 options from the old 8K offering, since short interest is virtaully at zero volume change for at least 3 months. As it is the percentage of short sales vs the market cap is almost immeasuarable. 248k vs 38.8 million shares outstanding.

    The poor liquidity and low price allows for high but dollar wise percentage gains or losses.

    If and when the great turn around anticipated by the bulls does come about and volume gets into the miliions of shares on a daily basis, then we could see substantial upside move. Until the buy crowd that seems to consists mostly of the infantile and no money buyers posting here is taken over buy astute traders and fund speculators who are let loose should the share price climb to over $1.00 a back and forth play in a narrow trading range is what we can look foward to.

    In the meantime the long term loser on both sides of the trade can keep posting looney tune nonsense and fooling no one but himself.

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