It actually topped at $32, which has no relevance to whether it will revisit near or below it's 52 week low of $7.
Sorry guys... I am a longer term trader and swung JSDA long twice a few weeks ago. Why is this such an obvious short? Lots of growth... sure it got pumped by cramer, but the company seems fundamentally sound and coupled with a bull market... I guess it's all about timelines. All of the bounces that the stock has made because of the gaps... based on my trading methods would have resulted in no entry. Possibly an entry if it breaks down from this level... but who can actually get shares on this beast anyways? Isn't it much easier to short crappy stocks making new lows, etc. Not trying to antagonize anyone, I'm relatively inexperienced.
I am seeing the Jones can packs popping up in Wal-Mart and Target here in Kansas... that's big growth potential. Definently a risky short.
God, i would still be riding this short. I really wanted that one BAD. It's at 16.34 now. So 15's or a bounce from here?