Come on now, Jones Soda (JSDA) is at almost $32 a share. This is Jones Soda we are talking about here, the sh*t isn't that good. I don't care if it's made with "real sugar", hand me a Coke any day of the week with a splash of rum and I'm good to go.
Jones has moved too fast up the charts and is just aching to take a beating.
"I think you're wrong because Piper Jaffray raised its price target on Jones Soda (Nasdaq: JSDA) from $18 to $31, maintaining their outperform rating". Well f*ck Piper Jaffray, when's the last time they bought Jones Soda?
Wal-Mart and everyone else is going to kill their margins. Jones lovers - drink the soda and don't buy the stock.