mmmmm. delicious. come on kids, drink up and lets take a photo of a dog with a funny hat. we have a program to help you. Ethylenediaminetetraacetic acid, really? oh, maybe you prefer the naturals line. that is for people who dont want refreshing Ethylenediaminetetraacetic acid. now, in canada apparently, it is very popular. sigh. can this please stop?
that is what makes jones soda "premium".
isn't this astonishing to watch? a company selling soda with calcium disodium and sponsoring kids events, marketing fufuberry soda to kids, and a ceo who says the ingredients are superior than mainstream sodas. 37 cents a share. hmmm. its a real mystery. i bet whole foods is going to be really excited by their product line up. but i doubt whole foods buyers read the ingredients of products offered by their vendors.
the only buffet jones will see might be a soda fountain at the all you can eat chinese buffet down the street from the headquarters. the new headquarters that brilliantly they signed a lease on. after two years of losing millions cue the cfo thought hey!!! brilliant idea!!!! let's save money on the lease. now, this is wharton level stuff. some people sarcastically might have said this could have been done in the first week of coming on board. but those people didnt study Malthus. jen cue realized this in an epiphany on a firm outing to craft coffee bar on seal sanctuary in the bay where they only serve civet coffee to 24 year old in hats and tight jeans. turns out the coffee is brewed with love...
"A Strange Brew Brewed in our White Room with Sunshine of your Love. INGREDIENTS: CARBONATED WATER, INVERTED CANE SUGAR, NATURAL AND ARTIFICIAL FLAVORS, PHOSPHORIC ACID, SODIUM BENZOATE AND POTASSIUM SORBATE (AS PRESERVATIVES), CALCIUM DISODIUM"
jones cream soda that no one wants to buy. golly, said the chairman of the board, dont kids like calcium disodium anymore?
" Is CALCIUM DISODIUM EDTA healty for me?
Calcium Disodium is often used as a drug to stop lead poisoning or to treat someone exposed to radioactivity. It causes your body to expell heavy metals.
Calcium Disodium EDTA is approved by the U.S. Food and Drug Administration (FDA) for use in chelation therapy, a process which removes heavy metals from the body, according to the University of Maryland Medical Center. The side effects of chelation with calcium disodium EDTA include malabsorption or low levels of various vitamins, including vitamin C and the various B vitamins. To help combat low vitamin levels, calcium disodium EDTA is usually given with a vitamin booster. Other side effects include allergic reactions; dangerously low blood sugar, blood pressure, or blood calcium levels; kidney failure and seizures. According to the FDA, 11 patients died from calcium disodium EDTA use between 1971.."
i agree. it should be easy to expand the market. they have a good product and a good product and a good reputation. small penetration into key markets should allow for better exploitation and building some real clients. it is odd to me how a billion dollar market cap is a small cap company now. real weird. when i was a kid a billion dollars was a lot of money.
you mean the 1 billion in stock buy backs which could have been better spent on products or buying other companies; or the 15 years since it was well higher than it is now by 100%?
the top 3 guys making $2,000,000 a year? 7% of the market cap in compensation? to lose money in a mature company? my cat could do that. sorry. there is a good reason the stock is at 52 week lows with a buyback going on by the company and the airt group. otherwise the stock is probably $1.50 at this point on the way to closing the doors. just my opinion. listen to the call. its an excuse festival.
i would like to see reed pull back to trend before buying more. recent coo move was on point and long needed. i have been writing about that for a long time. apparently also initiating tasting programs. however, there are a lot of problems reed needs to overcome and it will take time. no pe and no killer app are big problems. however, if there is a group of managers brought in - sales and marketing people who know what they are doing, the company could hit a billion in cap with relative ease. they have a lot of running room if chris cedes power to people who are capable. i am still skeptical though as chris is an awful business person at this level. at some point a shake shack or someone comes to reed and does a soda deal. but their ducks have be aligned first to handle the account. i was just in fairway and clearly fairway seems pretty disgusted with the kombucha production problems. the shelf space is dwindling and there are clearly ongoing stocking problems. another kombucha is now #2 on shelf space with GT also losing space. it is sad to see the myriad dumb errors being committed at reed. meanwhile jen cue doesnt have 1/10th of chris's ability to make a product. hence the divergence of market cap and sales. fairway carries no jones products (gross sales of 850 million in NY area). nor would they likely stock it. they stuff on the shelf there is real craft stuff, not junk.
i have said you could buy jones as a seasonal trade. but the company is just a pit of delusion with no identity and little to sell. why not sell driveway rock salt or fertilizer? there is no passion for soda here, just an mba trying to move skus.
you dont understand the product at all. it is not a substitute for home tanks. it is emergency, short term, indoor use only.
tzoo and the US travel sector. overseas travel is getting cheaper than in 15 years. this will benefit tzoo. the insider buy however is not enough to do much.
btw, reed is likely a bigger winner now that they brought in a big COO gun. while jones fell 70%, reed tripled. cue is frustrated because she is "all in" (stupid phrase of the year). since when is buying below market shares all in? its sleazy. ceos with balls buy at market and buy big. when you don't believe in the company you issue yourself below market stock and steal from shareholders. i am on the line with glazed teriyaki now. they said this evening there were 9 fufuberries and 4 green apple polysorbates sold. they are so excited.
you dont understand jones alderson. millennials understant jones. they don't want you as customer. are you 12? do you drive a fiat? do you skateboard? no? then go tf away. you non-millennial dillbob. dont you understand? its about the photos on the labels. the polysorbate is part of the kewl millennial fun.
and that is how you make "premium" soda. you order it from a soda manufacturer. jones is a marketing company. their product line happens to be soda. they are an awful marketing company. jen cue is a cfo trying to market stuff. same result as a marketing officer trying to do the 10K. honestly, they should close the doors or hire someone that cares about soda. a little honesty woudl go a long way too. they simply do not get it. a kids school program sponsored in 2015 by a company touting REAL SUGAR!!! in our soda. wow. clueless.
no, i am long, but annoyed. this is a stock you buy at support and sell at resistance. they have essentially nothing happening that can break them out now. next earnings is of importance to see if they can stop the deterioration and the missed expectations. mygn has been a poor investment for a long long time. i hope it changes. i will not add to my position until they show signs of growth again.
if they had the oxysure, they would have had 15 minutes of oxygen. odds are they had a large tank and it has nothing to do with oxysure's market.
going nowhere. the companies are both dogs and Nick is not shaking up a thing. without the insider buying at isig the stock trades for less than cash. airt couldnt come up with a business plan if their life was on the line. management is playing an opaque game for its own benefit it appears to me, with no real interest in these businesses. hence retail shelving, de-icing and air cargo. this is a joke.
but they are giants in the natural beverage space!! especially in canada where they sell thousands of dollars per day in soda. in the whole country of canada. thousands. a day. several hundred dollars per day of profit. think of a busy hotel maid. they make about that. in the country of canada. where they are popular. "popular"
stop it! they have a fountain set up at a glazed teryaki restaurant. that will keep them afloat. i also ordered 6 boxes of the thin mint cookies from a jones sales rep. and i have three caps i will not return to help balance the books.