Jackson Hewitt Tax Service Inc. (fka JHTXQ)

[Doubledown22]

Oversold IMO. It does seem drawn to the lower BB ($2.02) like a moth to a flame though. Shorts are having fun with this one but they better not get greedy if JH comes out with an earnings surprise on their azzz.. Millions of returns are still being done and revenue generated. RAL market customers are pretty well finished and the word is that it wasn't as bad of a drop...

It turns out that some customers just don't want to go through the trouble of changing tax preparers and in a down economy are making the decision to wait a little longer to get more money back---traditional returns vs the RAL. Building brand loyalty is starting to pay off some for the company it looks like.

On an admin note--repeating the same thing over and over will get your posts deleted. Please review the TOU.

DD22