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Jones Soda

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Posts: 4

StiflersMom

Rookie

Joined: Apr, 2007

Posts: 682

Posted: Aug. 2, 2007 - 1:47 PM ET #1

Still bumming about that Pozen nonapproval... my fault for jumping on board. Anyway, I see that Jones has their Q2 announcement today... any ideas on how the results might be?

wallstreetcappers

Covers Linesmen

Joined: Feb, 2003

Posts: 58464

Posted: Aug. 2, 2007 - 2:05 PM ET #2

Tough comps..stock STILL a double off the lows. Even if they double earnings their PE is over 40..

The 15 strike straddle looks stupid, a 20% plus premium I have to say no thanks on that trade.

I like the puts over the calls..people look at share price and forget to look at market cap, PE ratio and price to sales.

Bad luck seems to go in streaks so I imagine my view on JSDA is the wrong one and the stock goes up 3 tomorrow..

lol

wallstreetcappers

Covers Linesmen

Joined: Feb, 2003

Posts: 58464

Posted: Aug. 2, 2007 - 4:46 PM ET #3

Maybe the jinx wasnt in effect..

JSDA down almost 20% after earnings..

The puts only are about a double but the straddle is probably a small gain.

StiflersMom

Rookie

Joined: Apr, 2007

Posts: 682

Posted: Aug. 2, 2007 - 5:01 PM ET #4

Good thing I avoided it... bought some shares of IPO G (Genpact Unlimited) but got in kind of late at 16.25. Had some great success with MetroPCS IPO (which I sold about 5 points too early). I took a huge hit on Pozen still can't believe I put close to 40% of my small portfolio in it.

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