Saturday, November 10, 2007

Jones Soda Imploded

This "earnings" was a six cent loss. That implosion I mentioned was coming certainly looks like it is here.

It truly never ceases to amaze me how earnings can be such garbage for a company, yet the share price goes up...

So, Jones Soda was down after the last earnings report and then it went back up and now it looks like it is finally on it descent. I thought it was a $3-4 stock before it made decisions that destroyed earning potential and margins. Now I wonder if it will survive.

End of post

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