JanOne Inc (JAN)

[snakess]

There are catalysts that can easily proper JAN higher.
1. The company has mentioned that they want to sell the recycle biz. If that happens the cash horde would be huge and could support the pain drug!
The stock would make a huge move if the sell the division for $30-40 million.
2. Geotrac- The Preferred situation is a "money on your back", but i believe they will either spin it off, sell it or joint venture it. All three possible event will make the stock jump.
3. Earnings that is 10k due out in 1 months. if numbers are good the stock pops.
4.Additional management added concerning the pain side of the company again will pop the stock.
5. You can call it a poor man's IPO to raise money by backing a division into a fully reporting NASDAQ company,but this management is very proactive towards shareholder and that is very positive.
Some have mentioned hype- don't see it! They put a press release out explaining the near term future- A gun was not put at anyone's head!
Pain is a huge issue when 192 people die everyday from overdoses of pain killers.
With only 1.9 million shares outstanding u must be in it before the next news release because if you are not then you will miss the move