the options exercise scheme that you described did not appear in the 10-Q cash flow statement. instead it described cash inflow from options exercise which means those exercising options provided their own cash (not borrowed from company). form 4's indicate they are still holding those shares. re CT, if she left because she saw doors closing she would have left for another job (instead of family reasons as described in press release). her linkedin page does not show another job. your point on market cap if gap is filled is a good one. it will take a real turnaround and substantial sales (at least 50 M sales) and GM growth (at least 35%) over time - a huge risk with potential huge reward.
i have been successful investing in companies with depressed prices, insider buying and gaps at much higher levels. jsda fits these criteria. some become 10 baggers, some go BK, others do nothing. it has worked for me. your point about the low margins is a good one. the major players have gross margins in the 60% range. not sure how their margins would scale down to jsda sales level or vice versa. i have my eggs in many baskets and always welcome informed suggestion for an additional basket. GLTA
As indicated I have provided supply. Looking for consolidation. Any thoughts on where? 200 D MA? 50 D MA? Lower? Comments welcome. We should all be here to help each other make money and hopefully give some to charity GLTA
first glance its a disaster per Aug financials. would like to see them improve. will try to look deeper during next couple of days
neutral. i like insider buying but share price is not depressed so i see reward/risk as neutral. also not being bought by funds that i respect.
agree while still with large position, i've been selling into strength today. we filled gap at 0.54.
initial runup was reasonable given CEO buys and depressed stock. now its starting to look manipulated. at what point do you think stock becomes overvalued? will manipulation lead to secondary at discounted price?
thanks for the compliment. Q2 was a disappointment. yes i am stating that if Q3 were looking like a disaster, she would not have invested and i am predicting roughly a breakeven Q3. what are you predicting?
Not a disaster - otherwise JC would not throw good money after bad. My guess is fair to good, but not exceptional as no other insider buying. WAG is somewhere between tiny loss and tiny profit. While I can understand reluctantcy to go out on limb for current quarter, I regret that company does not provide same level of transparency to investors for current quarter as is available to insiders
ceo buy is certainly a positive. but posters are coming out of nowhere to pump stock. and company still needs to prove it can sell. i say this as one with substantial holdings. if stocks starts going parabolic i will provide considerable supply.