Malloric

The irrational optimism still has a ways to go. Anyway, JSDA is way too speculative for me, I'd wait until this quarter's numbers are out before getting back in long even if it drops down to what I think it's worth which is ~13.

ekal42o

the fact that its being supplied at football games will give sales a good boost if people like how it tastes.. hit 19 today.. thought bout gettin back in, gonna see how it goes.. pepsi and coke need some real competition in the soft drink industry

s2kobsession

i'm in on the first sign of strength with a tight stop.

cthree

yeah, been looking at it still. I'll probably go the options route due to its volatility.

karbonphiber

holy crap this stock blows

s2kobsession

up today but on no volume compared to the daily...
still waiting.

i don't do options though... not yet anyway.

cthree

I won't touch it until about 3 days before they report earnings. There is no other catalyst that I see.

Malloric

I agree. If the next earnings are good the value is going to shoot up like crazy, on the other hand if they have another bad quarter It'll drop. I think there's more upside potential on positive news than downside potential on negative. It's still a total gamble, I made a few bucks on the way down and covered half my shorts at $20.

It's pretty hard to use a tight stop on a stock that moves around 5% a day regularly. Two normal "down" days and you'll over run a 10% stop. Options are probably the way to go, but the premiums got to be insane on something this volatile.

s2kobsession

might be worth a look at $16.50, that that support doesn't hold, then look for $15.50, assuming technicals turn ripe.

just my .02

cthree

I tend to look for a catalyst when trying to forecast timing rather than the numbers. I don't see anything ahead of earning that's going to make any impact. The stock is oversold but that in itself is not a catalyst. There needs to be an excuse for people to jump on because nobody wants to be the only guy on a sinking ship.

As long as this stock is at or below $20 come earnings then it's a buy for me going in. North of $30 it's a sell. I originally mentioned the stock because I thought it would catch support at $20 and it did briefly. I think it's something to put on a watch list and to monitor even if you don't buy it here, higher or lower. It will make a big move at some point soon. I'm hoping it gets under $15, that will shave some of the premium off the options. The next leg down puts it at $12-$13 and there is still 2 months before they report again. At $15 a short term $17.50 call will cost about $0.75.