JAVO.OB - Chart looks good

[Dracull]

Great pick, I tried to enter but it went up too fast

[setravis]

Great pick Julia......Applaud ! 
Damn, should have watched this much better that I did when you posted this pick. 
Oh well, You win some ,You loose some ! 
Watching for a pullback(dip)...

Support @ $1.66...1.48...1.41
Long term resistance @ around $2.05/2.10 you have to look at a 10 year chart to see this.
Stock has not been at this price since around early 1999.

MACD is Bullish
Stochastic is Bullish

Volume: 1,656,282
Avg Vol (3m): 533,635

Technicals
Record Price High
Percentage Gainer

Last Price Quote is:
45.16%above 13-day EMA
96.15%above 50-day EMA

[gmarc66]

thanks setravis! I just wish I held it longer, or got back in again.

Ket did well...u go Ket.

Good luck to all in!

julia

[fous]

Anyone still watching this bull power?? im in from 1.43

I wish i would have noticed right when you posted Boat cause i would have hopped in with yah

[gmarc66]

Some rev. news this a.m, wonder if the pps will have a reaction to it?

SAN DIEGO--(BUSINESS WIRE)--Aug. 14, 2006--
Javo Beverage Company, Inc. (OTCBB:JAVO) -- a leading
provider of coffee and tea-based beverages to the foodservice industry
-- today announced financial results for the second quarter of fiscal
year 2006, which ended June 30th. Total revenue for the quarter
increased 200.0% to $3,177,680 compared to $1,059,241 in the same
quarter for 2005.
     Gross profit for the quarter increased 215.6% to $1,193,591
compared to $378,200 a year ago. Gross margin expanded 186 basis
points to 37.6% versus 35.7% in the same quarter last year, due
primarily to purchasing and operating efficiencies gained over the
year.
     The Company had a loss of $6,154,152 for the quarter, as compared
to a loss of $1,224,808 in the previous year. The net loss includes a
non-cash expense of $5,197,870, which is non-reoccurring and related
to an exchange by holders of the Company's outstanding Promissory
Notes for Series B Preferred Stock. The preferred stock is not
convertible to common and has no voting rights. The exchange has
eliminated $13,412,500 of principal and $3,946,299 of accrued
interest.
     "The Company reached a number of important milestones during the
quarter," said Cody Ashwell, Javo Chairman and CEO. "The conversion of
our long term debt immediately improves the Company's balance sheet,
achieves a positive net worth and accelerates our path to positive
earnings per share. It is also important to highlight that Javo
increased gross margins and maintained positive EBITDA during the
quarter."
     "Javo benefited from gaining distribution within the largest and
second largest convenience store distributors in North America," said
Gary Lillian, President of Javo. "These successes dramatically expand
the potential for growing our premium iced coffee and tea products,
since together the companies deliver to more than 40,000 food service
locations." Lillian also noted that as of the close of the quarter,
the Company had 898 more dispensing locations than in the previous
year.

[boatguy]

CBOU and JAVO on watch!

Caribou coffee in the news- JAVO connection?

Caribou to Honor Voided Starbucks Coupons

http://abcnews.go.com/Business/story?id=2385275&page=1

Starbucks has so much demand for their iced coffee that long lines are forming to buy the product. Starbucks uses "hot brewed coffee" which takes time.

JAVO's product is perfect for the "Cold brewed" fad.

A similar product from another company-

http://www.toddycafe.com/shop/product.php?productId=67

[boatguy]

HELLO! Doesn't JAVO supply them with this product!

Coke and Caribou to sell iced coffees

http://biz.yahoo.com/rb/061130/cocacola_caribou.html?.v=1

[boatguy]

JAVO acting jiggy

Not alot of volume....yet-

[setravis]

"JAVO.OB" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders.                                                       
All history on a stock pick in 1 thread is awesome.                                                          
Just trying to get threads together,so we don't have a numerous amount floating around on the same stock.                                                         
Thank You....and good luck with all your trades....make some $$$ 


I will leave you Friday's closing chart while I'm in this thread.......