Most sites show closing price of $3.77 and no existence of the 468 share trade at 4:00. Weird. I agree, somebody should be looking at these late day trades. I've only told management about it for 10 months. Share price gets slammed at the closing bell almost 50% of the time. JVA is the most blatantly manipulated stock I've seen in all my years as a trader, there's a reason for it but until the criminal is found, we may not know the reasons. If I could post charts here, everybody's mouths would drop to the floor. If you could see the minute by minute trades on a daily basis, everybody here would be shocked and demand an answer. JVA's stock literally falls off a cliff the final 4 minutes of nearly every single trading day. My mother who knows nothing about a chart from a hole in the wall could look at it and see something is criminal.
People were buying JVA stock at $4.70 after earnings three quarters ago, and the last two earnings were three times better than when they were buying at $4.70. Agreed, there's plenty of upside here.
FBI director Comey said that the technology to hack the terrorist's phone only works on an iPhone 5C, the type of phone used by Farook.
"This doesn’t work on [an iPhone] 6S, doesn’t work in a 5S, and so we have a tool that works on a narrow slice of phones," he added.
Replace the word Apple with Hillary.
There, that looks much better.
JVA is at the top of a 10 month long downtrend channel. It has been hugging the top for 10 straight trading days. There is resistance at $4 because 1 or 2 people (or more likely the market maker) placed large blocks of shares at exactly $4.
If JVA is to break the 10 month long downtrend, it will take a big volume day to break the $4 wall. Then, my charts say it is off to the races, though one possible retest of the $4 barrier is very possible except then it would be support, not resistance.
Look for breaking above $4 on a very high volume day as confirmation that the 10 month downtrend has finally ended.
In that case, all is forgiven. Your sarcastic remark threw me off. There is absolutely manipulation and much of it happens in the final 10 minutes every single day. JVA routinely falls 2-3% in the final 10 minutes but has fallen as much as 10% during that time.
I have been pushing management to have the market specialist fired. Why? Because there is no short interest happening here. If somebody is purposely pushing the price down and they are not shorting the stock, then somebody is NAKED shorting the stock. By law, the only people allowed to naked short a stock are the market makers. In reality, the SEC is terrible at enforcing this law so illegal naked shorting is rampant. However, firing the market specialist is a right by the company and does not implicate that person as cheating. Also, this stock is so thinly traded I highly doubt there is more than 1 market specialist.
Sorry for doubting who you were. There was nothing for you to be sarcastic about because it's absolutely true. JVA has been manipulated since July 2015, I saw it the minute is started happening and is continuing to this day, though not as bad as it was. Now the manipulation is geared towards driving the price down the final 10 minutes.
You created a new profile yesterday and this is your first post? You are a troll and instantly on ignore.
You have my email address. Stop pandering to the msg board. You have a question, you know where to find me.
It is nothing. The spread between the bid/ask was an incredible $0.50. When some idiot placed a market sell order of 100 shares, it dropped to the bid price. Within a minute or two, it popped right back up.
Do not bother investigating a 100 share trade.
In July 2015, JVA's short interest went up 150% in a 2 week period and the stock fell for 9 straight months starting immediately after that happened.
Just before JVA started rising recently from $3.10 to $4, JVA's short interest fell to it's lowest levels in a very long time.
While short interest isn't huge here, it's clear to me that when JVA's short interest went up 150% in 1 period last July, they knew the stock was going to fall which it did for 9 months....and now the very low short interest and the stock rises means they knew the stock was going to start rising.
What doesn't show up in those numbers is naked short selling and I bet that was rampant here to drive the price lower. Legally only the market specialist is allowed to naked short but in reality naked shorting is widespread and the SEC poorly enforces it.
At any rate, the climate for JVA is now bullish and I hope the stock price rises as quickly as they took it down.
That"s why I became bullish for 1st time in 9 months 2 days ago. Commodities are rallying and the bearish moves the stock made daily in the final 10 minutes now may become price spikes at the closing bell. JVA should be trading above $5 as earnings and cash improves with lower sales to margin killer GMCR and now the risk has even lessened.
All the selling pressure happens in the final 10 minutes. JVA falls off a cliff every day at the closing bell.
Watch. 3,75 as I write this with 30 minutes to go.
This is happening for one reason, and that is so so someone can buy JVA at a cheap price. The company is $12 million cheaper today than when I first noticed this happening in July. Someone may have spent about $500,000 during that time trading this lower so obviously, it is more than worth it to them.
As I have reported countless times, the majority of the manipulation comes in the final 10 minutes of each trading day as they can maximize our pain for the least amount if money. They will throw a big block of shares at the ask earlier in the day to keep the price from going too high, then pound it into submission at the close.
2 days ago, an entire week of stellar gains on high volume was wiped out in 90 minutes on absolutely no news.
I have been relentless in trying to get higher powers involved to go after the criminals that are doing this. Personally, I would have had the market maker replaced many months ago because I'm not so sure someone doesn't just pay them a huge sum of money to do this for them. Though my voice has been clearly heard by management, only they know if they've taken this to nasdaq or the SEC for review.
In any case, I hope the buyout offer is coming soon. Since DRS8 isn't the buyer, the next likely candidate is JAB who bought GMCR. That deal makes all the sense and I have theorized for a long time that GMCR (now owned by JAB) would someday by JVA.
"Remember, criminals have controlled the trading here since July and the stock will do what they let it do. Buyers and sellers have little influence here."
I speak the truth.
JVA lost 5% of it's value the final 30 minutes of trading and that is typical. Happens almost every day. Never declare victory with a day in JVA until the closing bell.
Remember, criminals have controlled the trading here since July and the stock will do what they let it do. Buyers and sellers have little influence here.
Go to imgur and look up the chart 3swDkRy.
This is but just one examples of dozens and dozens I have collected over the past few months. Most of the time I don't even care enough to capture them but occasionally I do.
JVA lost 5% of it's value in the final 30 minutes of trading on Friday. While people look at the overall price and see one thing, I look at the detail of the trades and see a completely different picture.
If I could post images or charts here, I could show you frightening things that are happening to JVA and happening almost every single day. That is what I first started noticing in July and is still happening even now. And THAT is how I know JVA's stock price is being manipulated by a company with deep pockets in advance of a buyout offer. I've seen it happen before to very small companies like JVA and I know the playbook by now.
What I don't know is who is making the trades and for that we can only speculate.
I really wish I could show you images of JVA's detailed trading because you would be absolutely shocked how the stock price falls off a cliff during the last 30 minutes of almost every single trading day. Criminals are in charge of the trading here and have been for 8 months. The stock price will do whatever they want it to do.