JVA popped today

Comment: I sold and took the gains.

Updated with article: Coffee Holding Surges, Costs Well Managed

Excerpt:

Coffee Holding stock surged 42.8% to close at $12.14 amid heavy trading. More than 3.8 million shares changed hands, compared with their average daily volume of just over 239,000.


Coffee Holding's stock movement came as a result of its stellar quarterly report, but there was likely a fair amount of short covering going on Thursday as well, Morningstar analyst Lauren DeSanto told TheStreet.


She said the company's results were very strong, and attributed top-line growth, in part, to an acquisition made last year -- the revenue of which was folded into Coffee Holding's net sales for the quarter.

JVA: "overvalued at its current market price"

Coffee Holding Co.: Shrewdly Overvalued

Excerpt:

What led to the surge in stock price and trading volume? Deja-vu market speculators. So ask yourself: What if other investors realize Coffee Holding Co. isn't the growth story they sought? And suppose that next quarter, earnings came in flat instead of improving over last year’s. Would that justify the stock price sliding back down to $4/share? Beyond a reasonable doubt, Coffee Holding Co., Inc. is overvalued at its current market price.

Comment: Current market price is $ 7.06. I think it is worth the $ 4.07 I paid for it and intend to keep it for the long term (at least one year - to fall into long term capital gains territory). Yahoo stock info on JVA.

JVA - Coffee Holding Company (I should have loaded up!)

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Comment: Bought 100 shares at $ 4.06. Now $ 5.50. Still in the "unrealized capital gains" category.

Would you buy this stock? (Coffee Holding Co., Inc. - JVA)

Coffee Holding Co., Inc. - JVA

Comment: I have an extra $ 500 to invest. I used Yahoo Stock Screener to search for stocks trading under $ 5 that are paying dividends. So what do you think? A worthy investment?