CEO took a sizable position a month or so ago. She must have seen that the JSDA was about to turn the corner. I believe today's action is an affirmation. Earning report is due shortly. My guess it is positive
For Cue to put her tit in the wringer, skin in the game to the tune of $500K, indicates that the 3rd quarter numbers must be pretty rosy. I have heard her conferences calls over the years and she is dead on to her conviction that JSDA will turn the corner. I have been in and out of JSDA since before the run to $30.00. I profited going up and I made $ shorting it. I have a significant amount at this point and I believe that my patience will be rewarded.
NUT good discussion and we didn't have to call each other names.
If the up coming earning are not positive, then I will be in your camp. If the #s are positive, then join me for a cup of coffee,
So if sales stop declining, you change your story
So if JSDA turns to profitable, you change your story
So if they start putting a little cash in the till, you change your story
BTW trading volumn has nothing to do with fundamentals.
Please don't mix technical data with fundamental info.
My spin is not delusional FACT PPS has increased 150% in less than 6 months
NUT Please answer: At what point do you admit your analysis is flawed. A reversal in sales growth? Cases shipped and paid for? Profitable earnings? ????
Believe it or not I do respect your statement and argument. I don't agree with it. I have made a lot of money on JSDA. It's trip up to $32.00 and it's trip down to below a buck.
NUT: A little chart analysis blow by blow on Jones. Last March JSDA was trading at $0.30. Seven months late the PPS has risen 150%. to it's current price of $0.75. Your fundamental analysis has been and still is, that JSDA will go banko, run out of cash etc. Your analysis is not supported by the price action of JSDA.
QUESTION: At what point do you admit that your analysis is flawed. The market action on this stock PPS is absolutely picture perfect for a continuation of it's upward movement. If the PPS goes below $0.60, then I might accept your argument and will bail on my significant long position.
PREDICTION: If JSDA closes above the previous high of $091 established on July 30,2013, share holders who are long will see the PPS advance to $1.20 as an initial price target. Therefore, I am risking 15 cents from here on the down side to a reward of 45 cents on the up side. A 3 to 1 risk to reward is AOK in my book.
FYI I am long 100,000. shares
I got a sandwich for POTBELLY'S today at Arundel Mills Mall in Hanover MD and there was JONES SODA in the drink section.
The stock price action yesterday was very revealing. It was not until the last hour or so that the price jumped on good volume. We are not quite 2 months into Q3 and someone sees what you and I don't see. Sales are hopping. Insiders dont put the "skin in the game" unless something good is going down. TICK TOCK explosion to the upside. JMHO
I checked my Scottsdale acct and my 1st trade in JSDA was in Feb 2006. I am long a ton and nothing higher than $0.68 As for your concern about the move, a 50k block went off a little after the opening and around 130 almost a 100k traded. This is not short covering. This is absolute insider buying. She might come back to the mid 70s but this is headed north
Sentiment: Strong Buy