Seeking Alpha

Dr. Kris'  Instablog

Dr. Kris
Send Message
Dr. Kris has two degrees from MIT because one just wasn't enough. Her life goal was to figure out the universe and having done that (at least to her satisfaction), she decided to tackle something even more difficult—the stock market. Applying the scientific method along with an insatiably... More
My company:
Stock Market Cook Book
My blog:
Stock Market Cook Book
  • Trade Of The Day: Jamba Juice ($JMBA) 0 comments
    Feb 23, 2012 2:40 PM | about stocks: JMBA

    Jamba Juice ($JMBA) Jamba Juice is a restaurant retailer of fruit smoothies and "good-for-you" food products. It owns 307 stores and franchises 443 in the US. Internationally, it only has 19 outlets but licenses its products through others including Hershey's.

    The company has been restructured to improve slumping margins and is embarking on an aggressive new marketing strategy. Clearly, it's positioning itself for major growth overseas while domestically it introduced JambaGO, a mini-smoothie shop designed for school cafeterias and college campuses. The company just signed a deal with Talbott Teas, a line of high-end designer teas that was recently featured on the TV show Shark Tank, which is part of its campaign to increase product offerings. With an expanding product line and global expansion plans, Jamba is showing a lot of growth potential. The company reports earnings on March 7th and today's breakout could be the start of a rally into that earnings date.

    Technically, the stock just broke out of its $2 consolidation base after putting in a double bottom. It faces minor resistance at $2.20 and $2.60 and a break above both of those signals clear sailing to its 2010 high of $4. Options are weak but at a $2 price tag for the stock, who cares?

    Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in JMBA over the next 72 hours.

    Themes: earnings run Stocks: JMBA
Back To Dr. Kris' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

  • Stepping out of the ordinary. Please like #SelfieABC #saveSelfie because of great talent & values. The show is in danger of extinction.
    Dec 5, 2014
  • Help! I never mentioned TV shows that have wonderful writing & acting & are being cancelled but if U or any of your female clan like...
    Dec 5, 2014
  • Market Notes: Another Move Higher Or Is The Market Ready To Roll-Over?--December 4 http://seekingalpha.com/p/23k69
    Dec 4, 2014
More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.