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.
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.
i like roths.. but dont like not being able to touch the money till im 59 1/2. that 25 years. i plan on not paying any major tax bill anyways... if MJNA really did go nuts and shot up to 20-30 dollar range in next ten years, I would renounce citzenship and move to Panama/Caymans/Belize.. some small country or island on the water.. never work again, really enjoy my kids. until then, back to the salt mine with my dollar and a dream.
maybe april 9 2018
very well could be cannchew. could be a host of other things to. Tripp was saying they wanted a production center in Mass. But I like your idea better of the 47 million shares that were already set aside for this.
either wat im in at .27 and .2505. I wish i had a million shares like poppa.. but my 80K will make me a millionaire at 12.50. So maybe by April 9th?
i know your right rob. i know you are. but i was thinking the MM has been retreating throughout the day all week. i thought they would retreat in the afternoon. and this is why im not paid to think. missed the morning dip because it was so dang fast and i am at work.
either way... all in all im at the same share count i began with.. just created more work for me next february when i do taxes.
i think it is MJNA selling to. dilution occuring. but will be used to fund expansion, which is ultimately a great thing. ive tried to flip a few times these last few weeks.. was up a 2-3k shares. then gave them all back. stupid market maker not telling me their plans. i bought 75k today at 27.. could have gotten more right now. i demand ANSWERS!!!!
either way, whomever it is doing this, i hope they release it prior to Q1 financials. Last year Q1 was reported May 15th.
MJNA accountant is a CPA with 20+ years experience and a completely clean record in the state of California. Someone can easily look up his record through an internet search.
When you call this company a fraud you are implicating him in it as well. It's borderline libel. The guy has never had a mark on his license and used to be a PCAOB auditor. MJNA hired him because he is cheaper than an official auditor. They hired an ex auditor to make sure thier ducks were in a row before proceeding. As a shareholder, I appreciate the cost effective move by management.
VNDM backing off their ask. technicals have something to do with it, as MJNA is a ridiculous value at .25 given earnings estimates and growth projections for company and sector.
VNDM raised their ask.. the stock chased.
15,000 premarket shares traded already. How does this happen? Anyone know?
i do too. with VNDM sitting on the ask for over a week now, something is up. if this is MJNA diluting, I feel they are about to make a big move. maybe buy a distribution center in Mass. When VNDM finally releases the stock from their grip, I think a nice run up will happen...
Last year Q1 results were released May 15th. So despite the claims on the message board, there is no guarantee they get released this month. I hope they do... But this could go into May.
you think $MJNA is diluting right now through VNDM? i hope not. but it would explain alot. ive flipped on the way down, so i feel somewhat better about the losses ive had the pass week or so. either way, still MJNA long. hard for weed companies to get bank financing. if they are diluting i hope they make good use of the money... buy out the next dixie.
that's the thing i dont get doc. if they would back off the .2555 they could get higher with all the buying.. reminds me of that commercial with the baby.. who doesnt want more money?
thanks king... i got to get a level 2.
i have flipped against them a couple times since friday. but today they seemed to not be moving it down. i cant flip again till monday because of E-Trade and the 3 day settling rule. i could sell but not buy... and i dont want to risk being out of this bad boy over night.. news could hit any morning.
question... this VNDM and how do you know it's them. I have no level 2... really thinking about getting it. I have E-Trade, I will have to call them and see what they want for it.
why is the ask always 100. is there a way to know how much is on there?
1 year from today.... 1.13 close. lots of bumps between now and then... but i think mjna exceeds 2013 projections combined with fed looking the other way..pps goes up 4-5x.
i use etrade. i switched from scottrade because of the stupid fees on penny stocks. 9.99 flat. no more no less. and they tell you they dont accept penny stock transfers.. but they accepted my MJNA shares from scottrade no problem.
yea and the 100 ask is now gone. still a rookie here.. but things looking good. this thing may run right now. and im fully loaded.
volume is here man... 8.6 million at 230pm. Volume isnt the problem.. it's the one person selling all the shares that's the problem.
the problem with buying is that 100 ask. im not sure who it is sitting there trading on that.. but they got mad shares and they seem to be forcing it down. that's why i flipped today. i did my part to dry up their share count.
as soon as whoever it is runs out of shares, this thing will rip higher.
$MJNA long and strong... and 2000+ more shares from flipping last few days.
Successful flip.. sold at .27 bought back in at .261. I love seeing my share count increase. Nothing fundamentally has changed in this company since the days in the 40s. If anything, things are better with the recent deals and Europe. Need more powder.. want to load load load right here.
Also got to give Reasonable his due. he called the drop to .25. Granted he was off on the date, but no one has a crystal ball. Great call reasonable.
i dont think they set a date on the release. my guess would be before the end of april. mid january is when they released the prior quarter results.. so 3 months later would be mid/late april.
1 MILLION SHARES???
dang.. i thought i was holding alot (75K).
1 MILLION SHARES????!
1 MILLION SHARES????!
ask 100
can anyone explain why the ask is staying at 100. i dont have a level 2. but this happened all day friday.. and now it's back. what the heck is going on? either way, when this breaks, this should run.
$MJNA
i appreciate the chart analysis too. but the analysis has not been perfect. the prediction of .25 has never come to pass.. i successfully flipped MJNA on this downswing because of the chart analysis put on the board.. so i do respect it.
just remember that news moves this thing much more than a past chart can. there's an old pirate saying...
there are alot of charts at the bottom of the ocean.
you could also renounce your US citizenship and move to costa rica/panama.. or a host of other countries in caribbean/latin america.. and not pay taxes and live like a king. that's where i am going when MJNA hit's the right price.
I responded to them Doc K. Then the response went from Dixie breaking away (which isnt possible).. to llamas, to possibly illegal canavest deal.. yawn. same old same old lines from someone trying to get cheaper shares.
i shouldnt have feed the trolls, honestly thought someone wasnt sure about dixie/mjna relationship. my bad.
the huge thing you missed was the million + dollar buyout we offered him. Plus all the connections we have through out the industry and in multiple states.
dixie elixirs is a great brand. but without MJNA they would have spent years inside Colorado before any chance of getting out. We provided them with the ability to leave Colorado and market their products to a much larger base. this relationship worked well for both sides.
your argument that tripp is this great business man flies right in the face with you next argument that he is an idiot for signing with MJNA. it cant be both. the deal made sense for everyone.
we own dixie elixirs. we own 60% of the company. there was a contract.. a payment... saying dixie elixirs can leave MJNA is flat out false. It cannot happen without mjna agreeing to sell their share in the company. We own them... why is this so hard for some people to understand. Oreo cannot leave Kraft without Krafts permission. ABC cant leave disney without disney's permission.
MJNA owns all intellectual property rights to dixie elixirs.. formulas and recipes. Seriously, why is this so hard to understand?
http://www.medicalmarijuanainc.com/index.php/22-press-releases/2012-press-releases/90-medical-marijuana-inc-and-dixie-elixirs-strike-innovative-agreement-to-extend-dixie-elixirs-brand-to-other-mmj-legal-states
they own 60% of dixie. They dont need to own 100%. Im cant believe im explaining this.. but when you own over 50% of a company... in business that is known as a controlling interest. saying dixie can leave and do their own thing is completely false.
i would never speak for Michelle. But maybe she removed the restricted status because she expects a nice catalyst sometime soon, and intend on selling into it. and who could blame her?
if we get a huge catalyst and a nice run up where RSI goes 80-90, alot of people on this board would sell into it. Even if we buy back more shares later.. I cant blame her for ringing the cash register every now and then.
yes, you got to wonder if dixie elixir is going to break free from MJNA and do their own thing? Really?
Dixie Elixirs is owned by MJNA. This would be like saying Oreo cookines is going to break away from Kraft. They cant.
i use etrade. they allow me to use unsettled funds to buy more securities... but if i then sell the new securities before the original sale (yesterday .2895) then i get the violation.
Say hi to me guys... Im on your level 2 at .272. hope we make it there. This is my first attempt at flipping. Sold 50k at .2895 yesterday.. looking to pick up 53K a day later. 6% flip not bad for a days work.
i understand where youre coming from about releasing it now. but 4/20 isnt that far away and it does build anticipation. match that with the a stoner holiday/movement date.. you may get alot more notice of your product release date.
in stocks/business timing is everything.
Can I get some chart analysis? with pictures... i'm simple.
Doc K-
I am heading there too. I want to try a dixie elixir so I know what my company is producing. Tell me when and where, and I will buy you the first drink for keeping me informed during the assault a few weeks ago.
10am colorado time is noon east coast, right?