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Re: pennystockingz post# 13190

Monday, 10/09/2017 5:39:50 PM

Monday, October 09, 2017 5:39:50 PM

Post# of 16996
What are you basing that on?! At its height, JAMN had sales of $12 million a year and still needed something like $30 million just to break even (it's been a while since I've done the math). Granted, I have no idea what their expenses are these days, but they're no longer in 8,000 grocery stores and Amazon isn't giving them the sales they need.

Their last SEC report is from Q3 of last year (the end of October, you know - the month we're in now?!). We have no idea what their financial condition is.

So why do you think the price will go up?!