Jackson Hewitt Tax Service Inc. (fka JHTXQ)

[Gregstock]

if you have to make the value of JTX be in relation to HRB thats fine.....I believe that JTX has the opportunity to increase in value regardless of what HRB or Joes Tax Shop does.

I believe for the most part the ball is in their court in regards to how well they do. All I did was point out a few indicators I am using to guide my investment in this company.

on my advice, a very good friend franchised with jtx and now has 11 offices.......fortunately for me, not in my franchise territory. thats fine if you dont like HRB.

my first post here was actually trying to reassure investors in JTX.

The fact is that JTX was in danger of being delisted from the NYSE because of non compliance with listing requirements.
I believe that the principal owners will not let this happen so all power will be brought to bear to remain in compliance til tax season. When tax season comes, the results will determine the success or failure of the company.

JTX doesnt even need to have a good tax season to add value to the stock. A flat tax season for JTX is a win as it will demonstrate a stability not seen over the last few tax season.

If they have a good tax season...wow, everyone in this will make some good good money.
one of the leading things that can make for a good tax season is the Preparer Certification program instituted by the IRS. It should free up some returns from Mom and Pops that dont get certified.

But........long term.........RAL's ARE GOING AWAY. That is going to happen! with the increased speed of IRS processing the need will be deminishing. FOR THE ENTIRE TAX PREP INDUSTRY.
I would say within 5 years there will be no such thing as a RAL.
what will take its place? dont know
will it drive big players in the tax prep industry out of business? dont know

But that segment of the industry will not be around too much longer.