JMBA

Bought 200 sh JMBA @ 2.48

This too shall pass. We are in the point where everyone is throwing towel. But is it everyone? Lot of money has passed hands. The housing market in California and Florida is going down the drain. Well and what do I do in situation such this? I add to my JMBA stake. Why? JMBA is still growing its smoothie business. The deal with Nestle will bring their product to retailers, which in return should bring better recognition and money in return.


Bought 200 sh JMBA

JAMBA Juice is one of few companies that has no dept. It has about $44M in cash. The mortgage has hurt it because of it presence in California. My short-term indicator says buy, long-term is ready to buy so I opened a small position to bring it on my screen.

JAMBA INC (JMBA) 200 2.9396 587.93
01/28/2008 () 200 2.9396 587.93