Jones Soda (JSDA)

[Chart Addict]

JSDA - Volume is on the rise.

It's no secret that trading in JSDA has been a tad on the thin side. Currently, the average volume over the last 30 days was 38,351 shares a day, according to OTCMarkets.com. Today, JSDA saw 254,117 shares traded - quite a respectable jump in volume.

Another sign that interest may be brewing is that the order sizes on the Level 2 Montage have grown in size considerably. A few weeks ago, it was not uncommon to see a string of orders for 100 shares in the bin. Today, some of the numbers were considerably higher than that. CANT for 10000 shares; ETRF for 6000; NITE for 3500; PUMA for 1000; CSTI for 5000. This morning, at 10:07, an order of 35000 rolled out. That one order alone is approximately equal to the 30 day average trading volume.

Being prominently displayed in a chain of 11,000 7-11 convenience stores with multiple faces showing is quite the achievement. (By "face" I mean that whether it's soda or boxes of cereal on a shelf, each product is allotted only so much shelf space. A less popular cereal box may have one face visible on the shelf, while a more popular brand may have four or more showing).

In browsing through the local 7-11s, I noticed that the majority of beverages in the cooler have one or two faces showing, at best. Jones Soda, on the other hand, has multiple faces showing, and near the register where people have to wait in line for the guy ahead of them to figure out what magic combination of lottery tickets he's going to buy with his twenty dollar winning ticket.