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Originally Posted by GoDeViLs
JSDA up 170% last 30 days and 450% YTD. WTER looks intriguing though, any insight as to why from Wells dude?
He had been looking at this small-cap beverage company EAST and it registered that JSDA WTER had been in play too so it seems some rotation has been going into these kind. I also know of JVA as a pretty big underperformer historically with potential. Jones Soda JSDA I know from the past as a miss-managed company it seemed like to me along with the JVA Coffee Holdings. JSDA actually is on the shelfs in my city at Harris Teeter the grocery store. Harris Teeter is the upscale grocery chain in my part of the country and they are as plentiful as Mcdonalds in some areas. But anyway, it has always been an underperformer. The fact that management is actually doing something with this cannabis press release is interesting. When I see a press release like that I usually take it as BS hype but even though this is OTC it is one of the very rare ones with a real product. 99% of OTC BB stocks are shell corps, sketchy.
I know JVA's financials pretty well because it has always been a deep value stock. The floor of the stock was always net tangible asset value and it even went below that briefly many years back. It seems fairly valued to me here but just ones I keep an eye on. JVA has always had consistently flat revenue growth and that is why I think if it was managed better there is a ton of potential in wholesale coffee. The CBD thing might be a sign management is trying to turnaround.
WTER is interesting to me more as a momentum trading play but I guess it has turnaround potential too. These fad diets come and go and I had just recently heard someone talk about being on an "alkaline diet" lol so maybe some idiot consumers start noticing the company more if more people are talking about alkaline. Just random thoughts. Or more of a longshot someone buys them out down the road to unlock some value in this long-term underperfomer.
Last edited by Jupiter0; 08-04-2021 at 04:13 AM.