In the past few weeks my JAMN pick
has given us quite a ride.
From humble beginnings of under $1
JAMN has rocketed.
At its peak JAMN reached $6.35!
But in the past few days JAMN has
dropped considerably.
As of writing it's trading at $1.07
This unprecedented fall has given
us yet another bite of the cherry.
I believe this sharp fall is unwarranted
and has provided a low downside
opportunity in JAMN.
JAMN has fallen for two reasons.
#1 JAMN has been attacked by short
sellers.
Short sellers including the sponsoring
market maker and related parties
have attempted to crush JAMN.
They've done this by selling millions
and millions of JAMN shares'.
By ensuring supply outstripped demand
they have manipulated the price of
JAMN downwards.
But, this price manipulation is only
temporary.
By law these short sellers MUST buy
back every single share' they've sold
short.
And they must complete this buying
within 5 days.
Which means JAMN is I believe almost
guaranteed to bounce on the wave
of buying from short sellers looking
to cover their positions.
#2 Jammin released their 10-K annual
report.
This report showed minimal sales for
the quarter ending January 31st.
I believe this release fuelled the
negative rumors spread by short
sellers.
But this reaction is entirely without
merit.
Jammin Java only started their
nationwide rollout in February.
In the quarter ending Jan 31st JAMN
was still a development stage company.
i.e. They weren't even trying to
generate sales.
All the deals they've signed have
been since February:
JAMN Contract with United Natural Foods
- February 23rd
JAMN contract with Gourmet Merchants Intl.
- March 16th
JAMN contract with Amazon.com
- March 31st
JAMN contract with National Coffee Service
- April 12th
JAMN launches Coffee Pods Product Line
- April 14th
JAMN sells out within 1 Hour at Amazon Launch
- April 20th
JAMN receives $2.5m financing
- May 6th
So large sales won't be reported to
Wall Street until the next quarter.
Why I believe you should look
at JAMN again...
On a short-term basis I see JAMN
as a huge opporunity right now.
When a stock drops this much, this
fast...
For one thing, there is always a
bounce.
And for another thing...
As the short sellers who've pushed
JAMN to these levels start covering
it will add rocket fuel to the bounce.
As a natural bounce occurs along
with millions of shares' being
bought by short sellers - We could
even see another short squeeze.
John Bell
P.S. The last time I sent you a similar
email was when JAMN was at $1.40.
Just like today I predicted the
short squeeze could send JAMN rocketing.
It reached $6.35 in the weeks following.
JAMN is now under $1.40 and I'm making
the exact same call.
Don't miss out again.
Start researching JAMN for yourself
today.
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