I can see Jamba filing for Ch11 any day and wouldn't be surprised at all. Their service sucks and their main pitch it their drinks substitute for a meal. Wooopdi Fu*kn Dooo. Oh yeah, a stock isn't cheap unless the company is showing signs of turn around and I don't see this. Your better off in Vegas.....
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There will have to be a huge drop in price of oil before it helps consumer spending, especially on smoothies, etc. Remember that oil was hanging around 90/barrel or maybe even lower earlier this year. It has a ways to go. Don't be duped. What I mean is oil goes up 30 then down 15 and then everyone thinks oils cheap. The oil companies love this game of manipulation. I wouldn't be surprised if Jamba filed for ch11 just to relieve debt and start restructering. In short they got greedy when they should have strengthened their product line. CEO departure;CFO departure.......You bet these are signs for decline
Jamba juice has too much sugar in their drinks and people with the knowledge now know Sugar = weight gain more so than fat content. I do like the fact they are coming in with an all fruit smoothie but I don't think it's going to be enough. Starbucks is now starting up their smoothie lineup so things are only looking worse to Jamba.....xo
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