Mojo Organics has been hammered in share price recently. The stock, however, was up 10% on Friday. The company has its juice drink, Chiquita Tropicals, which is licensed by Chiquita. It sells in stores and in Las Vegas, it is being sold in Albertsons stores. The company has also had those products placed in Stater Brothers stores in California. The gross margins, however, are pitiful and the company is losing a lot of money. I own shares but am very disappointed in how the stock manages to decrease in share price very consistently. Will this change? I think it will take profits to do something at this point but I refuse to sell it for a loss.
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Saturday, October 4, 2014
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