Reeds Inc. (REED)

[NewJerichoMan]

Earnings on August 4. With a decent results announcement, this could be back above $3. They need it, too. They received the letter of delisting from NYSE for being below $50M market cap. Have until December 2017 to rectify though.

They recently expanded their distribution footprint but I get the feeling management is substandard, like consistently.

That said, I put a few shekels down and hope for a quick pop to trade.