Founder of Equities Research. Stockdiagnostics Specialist

Founder of Equities Research. Stockdiagnostics Specialist
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Tuesday, July 16, 2013

Penny Stock Joe's Jeans Reports 4th Positive Operational Cash Flow Quarter

Joe's Jeans Inc. (NASDAQ: JOEZ) last night after the market close reported positive EPS for the 2nd quarter ending May 31,2013 of $0.02 per share but shares are trading down today off 18% on volume of 6 million shares.

Equities Research is initiating a Strong Buy on the stock @ $1.50 per share this afternoon after the company reported positive operational cash flow for the 4th consecutive quarter.

Operational Cash Flow for trailing twelve months ending May 31,2013 : $10.9 million.
@ $1.50 shares are trading almost 10 times TTM OPS of $0.16 per share.

Statisitics from MorningStar Industry Peers
Ralph Lauren (RL) 16 X OPS
PVH (PVH) 22 X OPS
VFC (VFC) 16 X OPS
Jones NY (JNY) 33 X OPS
Under Armour (UA) 32 X OPS
True Religion (TRLG) 13 X OPS



Joe's Jeans Inc. (NASDAQ: JOEZ). Stockdiagnostics upgraded JOEZ @ $0.62 on October 14,2011 after the company reported FY2011 3rd quarter financials for the period ending August 31,2011. In 22 months since the upgrade shares are up 150%.
<click to JOEZ Stockdiagnostics OP chart<









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