We are now down lower than before the ER, which is pretty pathetic. The only positives are that it has occurred on low volume and seems to be small investors fleeing risk that has us down 10% since the ER pop. Mistral, etc. don't appear to be selling at all. Second, no matter how you slice or dice it, that was a very nice ER and other than SG & A there is nothing to fret about and a lot to celebrate. Finally, the drop has occurred in an overall market that is on the verge of tanking because of Greece, JP Morgan, etc. that have no connection whatsoever to Jamba. I remain committed to those 85 cents shares I bought in 2009 and look forward to more volatility but an eventual multi-bagger with JMBA. It's a holiday here in Europe, the sun is out, so I am going to go enjoy it.
This company will continue to grow and gain market share over time. However, let me point out to you that some of the officers of this company who accumulated shares at $1.61 and lower have a history of selling at anything above $2.24. This has happened time and time again. If they have no faith, why should other investors? We still have investors at $1.15 and we will witness their selling as well. If you want a very long term investment return perhaps this is your company to invest in.
Have u been to NYC.If not i suggest you go and check out the local Jambas.You'll see why this stock will languish if they even stay in business They are a mess. From the service to the ambiance yuck. The jfk airport jamba is good but its misleading as to how the others are run.
Is there still a Jamba in the Whole Foods Market, across the street from Central Park? They always did a great job!,however, the Jamba five blocks away was rather, "not up to standards", compared to "others".