Will Hangover Joe’s Holding Corp (OTCMKTS:HJOE)’s Recovery Last?

As the charts indicate, some of the momentum Hangover Joe’s Holding Corp (OTCMKTS:HJOE) displayed on Friday indeed carried on into this week, but by the look of today’s red opening, said momentum may have already run out.

As usual, it is difficult to predict the movement of this stock. There are just too many factors pulling it in too many directions at once, and it is nearly impossible to tell which one will prevail at a certain point in time.

Case in point – over the course of the last two trading sessions, hype seems to have been instrumental for the ticker’s recovery. However, there is no good way to know when said hype-driven surge will end, sending the ticker tumbling to the bottom of the charts, or when the next will begin and pick the ticker up and send it sky-high once more.

On the opposite side of the spectrum, there are a ton of red flags surrounding the company that could crash HJOE at any given time, even if the ticker is mid-leap. As MicroCapDaily keeps pointing out – “HJOE has little cash on hand and minimal revenues to date as well as significant rising short term debt”.

Suffice it to say that’s the short version of the story. Unfortunately, investors can’t really go into much more detail in their research on HJOE, seeing as how the company has been extremely lax in filing. Its latest report was for the period ended Sept. 2014.

There are, of course, a couple of facts surrounding the company’s current status that can be verified, but it would be something of an understatement to call then “suspicious” and “not reassuring”. Let’s just say that as of of March 28, 2015 HJOE had 1.74 BILLION common shares issued and outstanding – which is about SIX times the amount than what the company had seven months ago.

These facts sort of speak for themselves, and investors should pay close attention to what they have to say so they can act accordingly.