JanOne Inc (JAN)

[Principian]

JAN/ARCI since I have been following it from 2017 has had similar patterns. I briefly bought into the Stock as I am more into Technology Investments but then I realized after doing some DD things were not to my liking.

The old saying about "Buying on the Hype and Selling on the News" rings true.

A good chunk of this stock is held by Insiders as well there is a real shady Preferred Stock Conversion hanging in the background in which the Issacs along with a Crony of theirs will be a "Pill that is hard to Swallow" on outside investors. These PRs are an attempt to walk up the price. They failed at the same strategy when doing this via their Geotraq entity.

They'd announce something, retail investors would jump and then when the reality of the matter got closer Attention the stock would fall right back to were it was before it even lower. Go back and look at the spikes over the last 3 years and look at the 8Ks during the same time. It went under the NASDAQ Price Threshold half a dozen times and they had to finally do a Reverse Split to buy them time. Now this while changing to a BioTech is also now suspect IMHO.

Buyer Beware...