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Healthy consolidation after a 70+% pop over the past few sessions... Nothing goes up in a straight line!
Both knowns and unknowns are all part of growth and growing pains... Greatness is a marathon, not a sprint!... The largest companies in the world have experienced similar obstacles at one point or another... Obviously the biggest hurdle for 420 companies is legalization and federal cooperation... Lets call a spade a spade... if the government decides to take a match to the marijuana train... All 420 plays will be worthless anyway...
Fortunately for me I have the resources and time to accumulate everything I can get my hands on... ALL MARIJUANA PLAYS ARE EXTREMELY SPECULATIVE!!!!!... I'll take my chances with $MJNA (my largest position), one of the first publicly traded 420 stocks, a household name when we are talking marijuana equities and a hell of a great buy here... the upside weighs the downside significantly!!
Buy here and hold is the formula for success! Longterm $MJNA is a no-brainer and will create fortunes identical to the tech boom in the late 90's!!
GO $MJNA!!!
"The hype surrounding pot stocks is back in the most recent sessions and many, among which is Medical Marijuana, Inc. (OTCMKTS:MJNA, MJNA message board), are making great runs up the charts, while being more and more popular with investors, as the increasing daily volumes show.
One of the main reasons behind the growth that companies like(OTCMKTS:CBI%), (OTCMKTS:HEM$) and (OTCMKTS:GRN@) have experienced lately is the upcoming vote for legalizing marijuana in Alaska, Washington DC and Oregon and the amendment of the law in Florida.
The vote is coming on November 4 and the hype is strong. It has actually been increasing with the upcoming date, but was started after there were rumors that Vanita Gupta, a well-known proponent of marijuana legalization was going to be nominated for Assistant Attorney General by President Barack Obama. "
Quoted from hotstocked.com...
Very healthy trading and much needed pullback after the massive pop!!... IMO we close down slightly to flat... $MJNA is a trail blazing industry leader that is just starting to establish their niche... I said it 100's of times before... we are in the 1st inning of the ballgame... Get in on this pullback or miss the boat... period!!
GO $MJNA!!!
Looks like we gap up slightly at the open... Jumped in head first last week and added this gem to my 420 portfolio... loving it!!... Hoping for a close above .10 today, all indications point to finishing the week strong!
GO $ENRT!!!
Agreed... looks like we are about to explode to the upside... Again... I love the share structure and the potential here... I know I'm putting the cart in front of the horse but I can see a retest recent highs...
Go $ENRT!!!!
The sun and moon are aligned!!!... The entire industry is breaking out... $GRNH is destined for dollar land!! Beautiful move today... I'm a very happy Chap... ;)
+ 17% today... 70% over the past few session.... LOL!!!!!...this is just the beginning and NO ONE can deny $MJNA is under accumulation... LOTS of shares bought in the .17's... MAJOR support is building at this level... Bottom line... VICTORY IS SWEET!!!!!....
All I can say is... WOW!!!!...
Keep buying folks... IMO we'll be back to paper very soon!!...
GO $GRNH!!!
Here are the FACTS!...
ROTF!!!... OMG the outrageous accusations and predictions are off the charts funny!! $MJNA is here to stay... stay tuned... something BIG is brewing IMO... This push higher is for real, with upcoming catalyst, we break .50 IMO. No stopping the $MJNA freight train... Many have tried, non have succeeded!...
4.2 mil shares in the first 20 mins... $MJNA is under massive accumulation!... The entire sector is reversing!...
The trend continues... looks like another GREEN day... I smell .20 EOD... ROTF...LOL!!!
IMO jump in or miss the boat!... this is just the beginning!!
This next run will be epic!!... no stopping the $MJNA train now... IMO .50 will be a distant memory this time next year... load up while you still can... it's not too late!!... LOL!!!!
Nice candles put in over the past few sessions and a close above the 50 day MA... .30 is a lock IMO... The price action has only just begun!
GO $GRNH!!...
LOL!!... Wondering if 420 investor got in before the 40%+ move??.., 420 investor better grab the keyboard, start typing and get in touch with seeking alpha!!... ROTFLOL!!!...
Prediction... seeing that $MJNA has some traction, I'm counting down the hours until 420 Investor spews negative $MJNA jargon... it's like clockwork... ROTFLOL!!!!!
Very Sweet!!!... fingers crossed that we run like we did last January... IMO this is just the beginning of something special. I kept 1/2 of my position last year after selling in the .90's... Bought more recently...I'm very happy and excited with the recent price action!... Long and strong!
GO $GRNH!!!
LOL!!!!... I Smell .20!!!... Can't hold the sector down... $MJNA is locked and loaded and primed up to bust .50 this run IMO!!
Starting to get itchy palms here again!!
GO $MJNA!!!
$MJNA shorts are going to get roasted, cover while you still can!!! This run will be epic!! .50 cents or bust!!
LOL!!!... love your post!
I'll take whats behind door #2!... dollar land!
I'm in for the long haul... up... down... indifferent... I'll continue to add to my position here!
Year high .479 year low .085... just coming off recent lows of mid to high .10's... please explain... LOL!!!...;)... WOW!!!... funny stuff!
NEWS FLASH**** The ENTIRE INDUSTRY has taken a hit over the past 6 months!!!... You're buying the future, not the present of an industry that is in its infancy stages. All it takes is one big catalyst to send ALL 420 plays (again) to the next level. Judging by prior action, these things happen quickly.
I like the fact that $MJNA keeps its mouth shut... talk is cheap... actions speak louder than words... IMO $MJNA is working magic behind the scenes and keeps quiet because of all the scrutiny and prior SEC industry-wide threats, delistings, and investigations.
We are on the right track here... get on board or you'll be on the outside looking in!
All in my humble opinion!
-DL
Classic $MJNA doom and gloom post...
The volume conviction and price action look real to me!... LOL!! God only knows what "fake trading" is... :)
$GRNH is heating up and trading like it did back in 2012 prior to its huge run... Grab em' while you can... IMO, the price wont be here much longer... Many 420 industry catalysts coming over the next few months...
Good luck!...
Just bought in last week... In comparison to other 420 plays, I like the share structure and their potential not to mention the fact that $ENRT is a Canadian play... I like what I see here, especially at these prices.
Good Luck!...
GO $ENRT!!!
LOL... The train is leaving the station. next stop .20 IMO...
So much negativity here over the past months for all the wrong reasons. Momentum is clearly turning to the upside and many potential positive catalysts coming short term... I applaud the longs that stuck it out... Its our time!!
Really???? Because to me it looks to me the market is indifferent. Not to mention there was no PR issued and today is one of the slowest trading days of the year.
Please explain what made you post that at 9:01 am premarket. I'm interested in hearing your thoughts... ROTF!!
Anyone know why Scottrade is showing ERBB##???
Seriously man???... your question & erroneous statement explains a lot! $MJNA is in FACT a "Marijuana Company"
Marijuana, commonly known as cannabis and by numerous other names, is a preparation of the cannabis plant intended for use as a psychoactive drug and as medicine. Pharmacologically, the principal psychoactive constituent of cannabis is tetrahydrocannabinol (THC); it is one of 483 known compounds in the plant,[7] including at least 84 other cannabinoids, such as cannabidiol (CBD), cannabinol (CBN), tetrahydrocannabivarin (THCV),[8][9] and cannabigerol (CBG).
You may or may not know the difference between CBD and THC... CBD oil is derived from a strain of medical marijuana known as Charlotte's Web, which is low in tetrahydrocannabinol, or THC, and high in CBD, cannibidiol. Both are currently illegal federally!
$MJNA is at the forefront of the CBD market and the most recognized publicly traded 420 play on the national and international stage. They are billed as a bell-weather offering the highest quality CBD oil related products on the market. They have a deep pipeline (industry speaking) and a business model that has the potential to generate significant revenue and adapt to industry changes. They are the most recognized, proactive, marketed and branded player in their arena... period!!
Their Portfolio
Canipa Holdings
KannaLife Sciences
HempMeds PX
Red Dice Holdings
Wellness Managed Services
No garbage or speculation... here are the facts straight from the company...
$MJNA MISSION STATEMENT:
Our mission is to be the premier cannabis and hemp industry innovators, leveraging our team of professionals to source, evaluate and purchase value-added companies and products, while allowing them to keep their integrity and entrepreneurial spirit. We strive to create awareness within our industry, develop environmentally friendly, economically sustainable businesses, while increasing shareholder value.
ABOUT $MJNA
Medical Marijuana Inc. (“MJNA”) is the first publicly held company vested in the legal cannabis and industrial hemp industries. The company comprises a diversified portfolio of products, services, technology and businesses solely focused on the production of high concentrate CBD-rich hemp oil products.
These products range from patented and proprietary based cannabinoid products, to seed and stalk or isolated high value extracts specifically manufactured and formulated for the pharmaceutical, nutraceutical, cosmetics and food industries.
The Company’s services are extensive and varied, ranging from medical clinic management to the capitalization and development of existing industry business and product leaders. Services include development of cannabinoid based health and wellness products, and the development of medical grade compounds. MJNA provides over 85 proprietary and patent pending cannabinoid “delivery methods” that are more “socially and medically acceptable” than typical industry methods. Finally, MJNA services include the licensing of its proprietary testing, genetics, labeling, and packaging, tracking, production and standardization methods for the medicinal herb industry.
As you see (I would hope you do)... this is not just about CBD or THC... this is about a macro diversified game plan that will take time to develop.
As far as recreational use, here is the way the ball rolls chief... CBD is undoubtedly the gateway to federal medical & recreational THC legalization. Once federal laws changes, $MJNA will seamlessly integrate and adapt their business model to the THC arena (as stated by the company). IMO this is one of the most conservative plays that has the infrastructure to become a huge fish in a small pond. As I stated many times before... $MJNA is clearly the 500lb gorilla and is paving the way for both CBD & THC legalization for both medical and recreational use!!
For the longs and uncertain players here... I have been investing in cannabis stocks for many years, the naysayers are a dime a dozen. The fact of the matter is that the PPS has EVERYTHING to do with the depressed 420 industry and little to do with fundamentals or growth strategy. Rarely do company's come out and hit the ground running, business plans take years to develop especially in an unestablished and questionable industry. All I can say is kudos to $MJNA, their management and staff for paving the way toward legalization!!! All day to day static is diluting the fact that there is tremendous opportunity amongst us and unprecedented growth taking place in an industry in its infancy stages.
NOW is the time to accumulate with the BIG players and smart $$$... I've seen this a million times, once the federal ball gets rolling it will be too late to buy... Next major catalyst, we are off to the races IMO!...
Keep your eye on the prize, think long-term and make BIG $$$ IMO!!!
$MJNA is just getting warm, we have yet to scratch the surface as far as product development and price action IMO... countless positive developments that will drive future revenue... patience and accumulation is the key with $MJNA and ALL 420 related plays... A more fitting phrase would be... "anyone not buying at these discount levels is nuts".
$MJNA is a no-brainer long-term and solid as a rock! Unfortunately it takes time to pave roads in an industry in its infancy stages. Most are looking to make a quick buck rather than accumulate thus the negativity IMO when there is no positive movement.
The more doom & gloom posts I see the more I am confident we are ready for the next major move higher! Thanks for the contrarian viewpoints... IMO its time to buy more!
The $USEI video was posted by a registered sex offender and felon. Ask yourself this question... why would $USEI or any sane businessman want to get involved with a convicted felon? More importantly... who in their right mind would believe a word he says??? I smell a serious hidden agenda! I think it is extremely positive they broke ties with this guy!
The ill intent is extremely evident by the way $MLCG iBox was deliberately sabotaged on the 16th... The person responsible was reported to iHub and removed as an $MLCG admin. He/She is also a frontrunner in the $MLCG bashing club.
I wouldn't put much stock in the negative opinionated comments here and take everything with a grain of salt. There are disgruntled individuals that have no clue of the machinations of the the 420 sector.
Ask yourself why would someone belligerently spew malice comments with no skin in the game???
THE NEGATIVITY IS ALL OPINION AND NO FACTS AND AT THIS POINT BEATING A DEAD HORSE!!!...
Sounds very disgruntled because $USEI pulled the plug on Lollipop!... No facts just speculation and opinion in the video...
This guy is making serious allegations based on emotion and adverse business decisions. An unseasoned businessman who should have signed an upfront contract... This can get this guy in a lot of trouble if the opinions expressed are fraudulent or malice.
Unfortunately business is about making money... clearly $USEI thinks other directions are more profitable and this guy does not have what it takes.
Business 101 Lumber... COA and keep your emotions in check!!...
News is coming soon IMO... It's been too quiet too long which tells me they will come out with a major announcement, nut just garbage fluff... Next news release will send $MEDT sky high... just dangling at support and gearing up for the next run which IMO is imminent!
By the way $MJNA has been trading, looks like they will be out soon and will blow expectations out of the water!
This is just the beginning after textbook consolidation!... The entire sector is heating up... $$MJNA is busting out and IMO break will slice through .50 this next run!
Simply put... You're a loser bro!... absolutely pathetic...bottom line... I'm embarrassed for you...
Great day for $IDST... Looks like we are turning the corner folks...