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Jones Soda Co. (JSDA) Message Board

omigod_24 2 posts  |  Last Activity: Jul 30, 2013 5:25 PM Member since: May 10, 2013
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  • Reply to

    How does it feel to be closing

    by blackflagoregon Jul 30, 2013 4:22 PM
    omigod_24 omigod_24 Jul 30, 2013 5:25 PM Flag

    Actually, it feels pretty good. When I bought this stock at .35 as a true fan of the drink, I didn't think .75 would happen this fast. It will definitely pull back some more, based on the speed of the ascent without credible news. However, I think the basis for the stock has changed with new management, and a belief now that profitability, and growth are reachable twin goals. I prefer the slow and steady, and am willing to put my time in.

    Sentiment: Strong Buy

  • Reply to

    Only a matter of time

    by flourface May 10, 2013 2:20 PM
    omigod_24 omigod_24 May 10, 2013 2:31 PM Flag

    I have followed this stock off and on for almost 10 years. I've been in and out of positions, but never holding long term because I didn't trust leadership's ability to focus on core products and customers, instead of chasing after one-off products. Anyone who's had a Jones Soda knows that this is a wonderful product. I decided to jump back in late last year at .35 when I read what JC was doing. Cutting costs, stemming cash flow.

    A lot of talk on this board about revenues. While revenues are nice, cash is king. Preservation of cash is a healthy step in the right direction. Positive cash flow must be the next step, followed lock-step with revenue improvements. Much too early to tell, but I think the right person is finally leading this company.

0.43+0.0081(+1.92%)12:16 PMEDT