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The talk of it drove the miners nearly 10%. I would think the action would do at least the same. Cofactors and geopolitical reactions will certainly play a part come Monday. There’s a reason why they do these things when the markets are closed.
Yup. Here we go. Hope you held the weekend.
-You’re getting in at all time lows. If that’s relevant.
-Revenues are real but declining in the MLM division.
-Internal digesting of revenues has consistently created a poor bottom line.
-Pyramid model has not done well for shareholders.
-Lots of bag holders looking to get out so it may put a ceiling on upside.
-Coffee division has shown some strength.
-Dilution and Outstanding shares has been a issue since their merger 6-7 years ago which has put a lid on any upside.
-Cost for growth seems to always trump growth in revenue.
Other than that.....it’s a strong buy.
If options expiration is always going to drag jnug back down, then what’s the point in holding it at all? Not everyone can trade intraday on the rsi. Stop losses get knocked out and intraday rallies get missed. Digging out of a JNUG hole yet again.
I don’t.
Just went in for 5000 @ 13.88 average. So time will tell how dumb I am.
Dumb as a stump. When will JNUG hit $20 a share oh wise one? Please tell me so I can make smart money.
Thanks for the trading tip.
Thought you were heading to the country club. Sounds like more fun than jousting on a message board.
You’re contradicting yourself.
You say dumb money accumulates at retail while you flip and steal shares. Now you say accumulate for higher ground, while jnug’s going down yet again.
You say big gap up coming Monday. Yet you sell to buy lower and steal shares from dumb money. Sure you did.
You said you built your position weeks ago for your big clients and we’ll see you in June, yet you’re still around playing the flip game. Calling your perfect trades the day after. I’m sure if it goes lower, which it will, you’ll say you called that, sold at the day’s high, and bought more at the day’s low, and shorted all the way down.
Well I call bull$hit.
This garbage hasn’t had a day since NE last won a Super Bowl. Will it have a day, some day, yet again, probably. But it sits near it’s all time low while virtually everything else on the planet is near all time highs.
Enjoy the country club or should I say playground. See you in June, sure. I’m sure you’ll be back here by the end of the day touting you’re magnificent trades and how you stole thousands of shares from dumb money yet again.
Holding or flipping?
Looks like we’re toast. Progressive decline. No support.
I put an order thru Ameritrade to short JDST at $70 just a week or so ago and couldn’t find a share to borrow. I get the difference, naked vs borrowed, but if you’re so bullish on the JNUG run, then why play a .20 naked short position at such risk.
So last week was buy, buy, buy. Oversold. Won’t go down. But yet somehow you’re playing the naked short side perfectly thru dips. Ok. Sure. How about you post your trade plan for the day prior to the action of the stock. I can call a chart an hour after it happens too.
And yes, I’m in JNUG, holding for a run but this play by play after it happens is like watching a movie backwards.
No chit. When does their business model start supporting the business rather than lining the pockets of suits.
This turd will never amount to anything for the bag holders.
???
What did I miss?
Nice to see Marilou is still a face of the company. Time square banner looked good.
They need to do whatever they can to post a strong quarter. Trim internal fat, defer extraordinary expenses, cut one time costs, etc. They need to build on this from this point forward or new investors will lose interest. Volume sustainability is so relevant.
Come on you son of gun. We’ve waited long enough.
Springboard tomorrow morning. New base near 7 would be spectacular
Needs to hold today’s gains and pop on the bell tomorrow with a whole new slew of buyers. And then the PR group needs to get something popping. And then report a strong quarter in the upcoming months. Build some momentum, institutional buying, and consistent volume. Then we might be glad we held this dog for some many years. Hoping like hell.
Boom Shaka lacka
Now what to do with the sputtering MLM side. The anchor that destroys every bottom line.
It’s a good number, but a positive bottom line and earnings per share is what will drive the stock. You’re absolutely right tho, we’ve been waiting far too long. The blood that feeds the beast is compensation. This business model sucks for shareholders. The more they make, the more they gobble up internally. A slow and steady coffee growth company without dilution would have faired far better for shareholders over time vs where we are today imo. Still hoping....
Yeah, like clockwork. She waited for some enthusiasm and kicked the chair out before we could sit back down.
Don't jinx it.....
To da moon!
Bad action. No accumulation. No bueno.
The Q's better be stellar or we're plucked.
Looks like she'll be shakin some loose hands for awhile. A lot of bag holders looking to dump on every run up. That sucks.
Hoping for a good 2Q report on August 10th, then a solid base should form and increase volume to build support levels. Fingers crossed.
Get excited and then there's a sell off. Unreal. 6 years of misery and only 6 days of short lived glory. There will probably be a lot of selling pressure as this thing moves up. So many bag holders looking for a way out.
Oh well, hope for buyers once NASDAQ rolls around.
Couldn't agree more. I'm so glad they rallied the PR's to support the post split price. It was what I alluded to in messages prior to the R/S. Supportive volume is the next step with accelerating revenues. NASDAQ listing should only build momentum.but may be baked in at this point. $12-13 seems realistic based on rev's, if they could only start showing an increasing profitable bottom line.
I've emerged from pure pessimism to guarded optimism. She's trading nicely. Fingers crossed.
Premium,
It certainly feels better. I like the steady rolling out of PR's to support the post split price. If they do not dilute in any fashion going forward and continue to drive rev's, then we have finally come to fruition. Shareholders and long time bag holders should get rewarded for their patience. I could see a double from here with good numbers and some buying volume to support a lofted share price. It's certainly getting more interesting and positive.
A large portion. As in the MLM model, all monies get absorbed from within. Crap business model for retail investors. Great for the buttoned down cronies that built the pyramid.
Thanks for sharing.....
Boy could I write "Dear JEFFREY" letter
Premium,
It looks as if all they plan to do is steal shares from their shareholders thru a reverse split and issue themselves more shares post split. It's a fixed steal and dilute shell game.
If Wallach were to offer up 40 million of his shares towards new growth post split, he would need to hold 800 million shares currently. He doesn't, so his intent must be to issue himself and his cronies far more once the uplist, if it ever happens, has occurred. The carrot of uplist forever dangles. They will need to do a 20:1 minimum to garner a reasonable baseline share prince for uplist.
Sales at the MLM level are slipping and you can only tap into so many third world countries to try and drive growth by use of desperate sales monkeys and low level acquisitions.
They should have focused on and grown their coffee business organically while leaving the existing outstanding share count at the time alone. Shareholders would be far better off today. The writing was on the wall when they over diluted the hell out of their stock during the merger. I should have ran, instead I averaged down heavily like a fool. Dumb.
Well they better uplist soon or they will need to do a 100:1 reverse just to get their share price to meet the uplist requirement. This is incredible.
Not sure about you....
But it sure is a shame we didn't get our short positions in on JDST at a hundo plus when we spoke of it. Would be up a cool 20 g's right now. Figures, have a winner and can't get to the window to place the bet. Sonofa!!
Took a huge hit on the JNUG skid and didn't have any dry powder to average down. Still heavily underwater. JDST short borrow was the answer, and I think still is. If you find a broker that allows it, let me know.
Glty
The bottom doesn't exist in this stock. There is no floor. The company is toast.
Dilution, liquidation, settling of debt and creditors. It's over. If they PR anything, they are lying and only doing so to entice and burn retail investors while diluting and liquidating more stock.
We don't be jammin. We nsync, bye, bye, bye, bye, bye, bye.
Much appreciated. Best of luck.
You are not out in left field. I felt the same way months ago. Why buy the inverse, as it will decay over time as regardless. You're better off shorting the side your against. That way decay and volatility play in your favor regardless of which side you want to play. Made perfect sense to me too, but I couldn't short either using Ameritrade.
I would absolutely short JDST right now if I could. It will only run so far then begin to break down. No point in shorting JNUG regardless of which side you're on as it has more room to the upside should gold and minors turn bullish.
JNUG does suck however because of the way they managed the fund with excess cash and not planning for an influx of interest in their product. Rebalancing should have been in their prospectus given such an occurrence arose, with immediate action to invest in a diversified basket that should have been previously defined.
Well I wish I had heeded your warnings more than once and I wouldn't be in the position I'm in.
Charts matter at least intraday
Surprised you of all people didn't have a stop loss limit in play. You seem to gauge these moves better than anyone.
I'm not be facetious in the least. This thing has been a bucking bronco and I've landed on my head here and worse in jnug. I'm so far under water it only seems logical to hold at this point and maybe average down when the absolute bottom seems in.
It's hard to take premium. There have been so many promises for so many years and they haven't delivered anything hung that would generate retail investor interest or bottom line growth to build shareholder value.
I'm riding this horse with you but nearly a decade later, she appears about ready for the glue factory.
Volume drying up. She will soon fade to black now that share liquidation has occurred.