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TheStreetSweeper Flags Jammin' Java for Stock Promotion

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TheStreetSweeper has placed Jammin Java (JAMN) on its “Caught on Radar” list of risky penny stocks that have been fueled by aggressive promotions and could be headed for a fall. TheStreetSweeper has spent more than a week researching JAMN in preparation for a full-blown investigative report on the company.

Even though JAMN just began selling its coffee a few months ago, the company has seen its stock skyrocket from just 10 cents to more than $3.50 a share since late last year – giving the company a market value of almost $250 million at this point.

TheStreetSweeper is a research and awareness organization with a website that can be found here. The organization has disclosed a short position in JAMN stock of 30,000 shares at an average price of $2.98 a share.

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