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  • Hot Stocks Today - JMBA is rising after 2 years

    JambaImage via Wikipedia
    November 11, 2009
     
     
     
     
     
     
     
     
     
     
     
     
    Jamba posts first profit in two years

    Hey Guys,


    JMBA- Jamba, Inc has posted its first profit in 2 years. You guys are right. Its going to go up tomorrow. Our target will be to earn as much as possible from it.
    It will be wise to enter in the pre market and sell it on a decent profit. Mostly it will spike after an hour or 2 after market opens and then some correction will follow. We want to sell before that correction. So buy at low in premarket, remember - only at low in premarket and sell it during regular hours being happy with 6-15 % profit. If its too high in premarket, don't go for it. It is also a good stock to hold for long term for around 6  months and you can double your money.

    News
    Jamba Inc., the Emeryville-based owner of the Jamba Juice smoothie stores, banished two years of losses and posted third-quarter profits of $2.8 million, or 4 cents a share, compared with a year-ago loss of $12.4 million. Before the profit in the third quarter that ended Oct. 6, Jamba had last reported a profit in the third quarter of 2007. Revenues totaled $79 million, down 8.8 percent from a year ago. "We continued to make solid progress throughout the quarter in several strategically important areas, including food, franchise development, brand licensing, cost management and operating efficiency," said Jamba CEO James White. "We achieved the gains despite the slow pace of economic recovery and continued high unemployment in California where Jamba has a concentrated store presence."





    About JMBA

    Jamba, Inc. (Jamba) serves as a holding company for its wholly owned subsidiary, Jamba Juice Company, which owns and franchises Jamba Juice stores. The Company provide a range of beverages, baked goods and snacks in its stores. The Company is a retailer of blended-to-order fruit smoothies, squeezed-to-order juices, blended beverages and healthy snacks. The Company’s blended beverages are available in three sizes, Sixteen, Original and Power. Jamba offers a line-up of fresh squeezed juices, including orange juice, carrot juice, and juice combinations such as orange carrot banana and orange mango passion. The Company also offers All Fruit smoothies, which contain vitamin C and essential vitamins, minerals and antioxidants. The Company offers single and double shots of matcha green tea, with orange juice or soy milk, and a fresh-squeezed wheatgrass juice shot.
    Source - Google Finance


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