JSDA is worth a look at $20
05-03-2007, 05:26 PM
#1
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JSDA is worth a look at $20
Jones Soda had a good run in April but has recently pulled back over 30% from it's high in mid-April. I think as it nears $20 it may be putting in a bottom soon and is worth watching. I don't suggest you go out and buy it tomorrow, just sayin' it's something that might look good on your watch list.
05-03-2007, 07:24 PM
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Shorted it around 28 (when still going up). Was getting a bit worried today when it hit $25, but now its back down to $21. They just blew the Q1 sales numbers and its still over priced on fundamentals and still is plagued by cash problems. P/E is $135.... Yah, they had a rough quarter, but it's all hype and projected growth.
05-03-2007, 09:45 PM
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It's a growth story, you need to look a little further out. They are transitioning to a new distribution model so a lot of the financial issues are related to growth over bottom line earnings right now. I think selling this short beyond here could be a costly mistake. I don't like that they don't have an options chain you can hedge against. You might want to take something off the table soon. Remember this is their first quarterly report.
05-06-2007, 01:00 PM
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Jones Soda is a great play at $22 right now. It will surely see $32 again after it's new disbribution channel gets into Walmart, BJs, and other major stores. The summer "soda" buying is just getting off the ground and Jones is a great play now that it had a big pull back.
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05-06-2007, 05:04 PM
#8
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It's a great play at $22 if the elevator stops at this floor. If it continues south to 18 or below it won't look so good. This is why I recommend just keeping an eye on it. I agree it will see a huge gain once the wider distribution channel kicks in, next quarter or the one after but it will do what HANS did which is skyrocket to a double or triple, linger for a while and then get crushed never to return again. It's a fad but I think it's just beginning.
05-08-2007, 02:19 PM
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Jones Soda is also in the process of making an energy drink available. They have some good recent news if looked into at finance.google.com . I'm a new shareholder of this stock, just wish I had more money to spread around into other investments or into larger investments
05-08-2007, 04:21 PM
#10
If the energy drink is well known about (the planning), then that is already factored into the present market price. However, if the demand for this drink or popularity surpasses expectations/anticipation, it will rise. Which is likely, I'm guessing. 