looks like all the Diluted MJ Garbage stocks are headed back to pre Jan rally levels. Lots of bagholders slaughtered. Just pick any of the garbage stocks and see the same picture
MJNA HEMP CBIS TRTC GRNH MCIG
All the charts cutting thru every single support level
Dilution kills everything EVERYTHING
The so call mj index is an index of diluted POS MJ stocks. No value there. I keep seeing posts about being able to trade it in 2015. It will be a dismal failure because all the companies it tracks are dilution garbage so the index will bleed just like the diluted garbage. I can only see a 3X short position in it as being a good play.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.