A bit of a board room scuffle behind the scenes at Hangover Joe’s Holding Corp. (HJOE) hasn’t affected the penny stock much even though it’s near a two month low. On September 27th, JW Roth resigned as a director and Chairman because management placed different priorities for payables. However, after hearing that convenience stores within steps of a few college campuses around the U.S. are selling shots like hotcakes, optimism of the upcoming Q3 filing, the first since the Company reverse merged to become HJOE stock, is causing the trigger finger to get itchy.
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HJOE Stock Chart
Market Cap: 20.68M
Close: 0.1719, down -0.008 (-4.45%)
Dollar Volume: $6,432
Average Trade Size: 3,645
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Roth’s CEO candidate was not one the Company agreed with, but its unclear what his intentions will be with the 5.88 million HJOE shares he and his wife own. (see here)
About HJOE Stock
Bottom Line: November 15, or their abouts, is when penny stock traders can expect to get a good look at the first quarterly report of HJOE. The recent news announcement by BeBevCo of the distributor ship agreement for NY was more in-line to help boost BBDA than it was to life HJOE stock. Keep a close eye out for Hangover Joe’s earnings and expect to see some decent numbers.
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