Labor Day weekend Blowout! We just bought Jones Naughton Entertainment (OTC-BB-JNNE-.043).
This is a stock we picked up earlier this year and made a quick little profit
on. We expect volume to pick up substantially, as we are now at rock bottom.
In addition, one of our sources tells us that many investors are waiting on the
sidelines and that once they see some volume will begin to jump in. We think
next week will be huge for this one.
We bought the stock again because the book value alone is worth .19 per share.
The Company has also recently filed a lawsuit which if settled or won will bring
a substantial award to the company. Here is the story:
Jones Naughton Entertainment is a diversified media company involved in publishing,
advertising, media buying, and information technology. Its wholly owned subsidiary,
AMS, Inc. is best known for providing top notch advertising and promotion for
the PGA Mercedes Championship (a golf championship) for the past 10 years.
The Company also publishes The Smart Shopper Savings Guide and The Entertainer
and Lifestyles Magazine, now in its 18 year. JNNE also operates audio/visual
information systems custom designed to provide free community and site specific
information to commercial businesses. Current subscribers are US Army Recruitment
Offices, Enterprise Rental Car, Great Western Savings, National University, Manpower
Inc. (NYSE:MAN), Temporary Agency, Roundtable Pizza, and other independent companies.
The Company has started to grow very quickly to over $1 million in revenues annually.
Once again, we are not telling you what to do but simply telling you what we
just did. All investment disclaimers at wallstreetwest.com apply.
We also expect to sign JNNE as a client. Once we have we will put an additional
"early bird" alert out to let you know they will be listed at Wall Street West.
Have a great labor day weekend!
Wall Street West
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