Thanks to the new flow logic, interesting reading for a novice, which still owns what is left of WAMU, justice and truth can be twisted by words, how does one believe in the rightful outcome?
I was not the only one looking at the balance sheet and trying to figure out WHY the 8 million drop off in cash, why was it not picked up in the re-modeling, new juice format, etc, of their stores in California? any other ideas? or was is payout in bonas ? you are right, it makes me wonder WHY it was not transparent as to explain, "THE REASON FOR THE DECREASE IN CASH ON HAND WAS............
As of today, nice call! If you get your bounce, from $2.50, it will be if your lucky day @ +75 cents Good Luck!
Seems as if someone with a huge investment in Jamba is taking action in regards to the bonus of the 9 million shares for management. BRAVO!
I came across a Jamba in California last year and the manager could not figure out why Jamba pulled the coconut water from their store because it WAS SUCH A GREAT SELLER!, I have not been back, nor do I know if they have coconut water to sell, does anyone on this board have the knowledge?
Think of it this way, all of the profits the California stores generate, go to management! Great talent and brains should be compensated well, however, when your just about to break even and make a small profit, don't lavish huge stock options and cash awards and not share with the shareholders , as a stakeholder, I feel Short Changed! Mr. White, share the profits, let management prove they have the correct vision, some the items JAMBA has brought to market are great, some are like a boat without a rudder, appear, and disappear, without even being spoken of in a conference call! Get the product "RIGHT" the first time and there will be plenty to share with the management and stakeholders.
Don't Figure, goes down to 2 bucks and change, a reverse split, then maybe 3, OHNO you have the best laugh on this one, feels like a Burger King kind of brain, It does not appear that Jamba is best of class when in comes to market savvy.
I do not believe it is Mr. Jamie that is having a hard time sleeping at night,however, I believe there are people who are, can you conceptualize this?
in general, after a reverse split, most, not all, stocks within a years time will trade at a much lower entry point, there are reasons for a reverse split, but it sometimes taints the company going forward, I believe that White can put the business on solid footing, and through profits, expand into the above $5 range, instead the easy way out of seeking a reverse split. Looking towards an advancement from current price levels....
Congratulations Mr. Chen, a gain from $15,000 to $200,000 US dollars market value, now get to work 24/7 to make this stock something and not a laughing languishing dogma!