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Wednesday, September 9, 2009

JDAS

JDAS gapped up big on it's last earnings in July, then did practically nothing since. It did form a pretty solid support level in the gap, and is now making a big move, but volume isn't that good. I have now idea what caused today's move.



Unlike most of today's big movers, JDAS actually makes money. Earnings growth has been inconsistent, but last quarter was quite good. Next quarter is expected to be another quarter of negative growth, if it beats this could explode.

EDIT: The reason for today's move is a stock repurchase.

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