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And nobody could put Humpty back together again
I may be mistaken, but the 47M shares were part of the increase from 750 to 808M S/O that took place in Q4.
Anybody know where can I get a historical price list with proper resolution? How about a daily list of every trade made and by which MMs?!
Google and Yahoo finance pages only offer full penny resolution and only open/close.
It seems to me that the manipulation might be following a pattern and I need every transaction from open to close (negating t-trades with no proper time stamp) to look and see if the is a mathematical model driving the price down each day (or just a target trend line)
Basically, it looks like the price action is getting tighter and tighter; inverse parabolic. Approaching a daily delta of 0.
That's just an idea, but I have no daily #s to look for that data to find any patterns.
If there is a pattern, we could derive the next days target values.
I mean, this isn't far fetched: if a group of people are working together, they have to have a shared gameplan. That could be random #s, or based on a model with diminishing aggression until a PPS is met, or a timeframe is met..
Or this could be a wild goose chase... But its something I think I would enjoy crunching (I'm a software engineer and I have a finance education I'm not using and this might be a fun theory to test)
Yeah, it's a sales pitch: 'buy our reports'.
I've seen this site linked before, never worth anybody's time.
Cheers GLTUA
He is aware: I made that point very clear in one of my emails: he's playing dumb to avoid being accused of anything.
That's a nice contradiction. Very succinct.
Thank you. I'm frustrated and now hyper-cautious.
People whom I care for and bought based on my recommendation are underwater.
I'm still upset and the Apr 30th PR says alot, but I work in corporate America; actions speak louder than words.
So I'm now on the sidelines asking questions I want answers for before I'm jump back in.
If I go completely negative on MJNA, you may see one last post from me on this board. Then again, I might spend all my capital on personal needs and not be able to afford to buy back: in either case I'd likely be gone.. Not coming back in to bash.
Stuart told me a week or two ago that the MM hired by MJNA won't begin managing liquidity until they are audited.
I'm still optimistic: just very cautious right now.
Dixie is amazing and CBDs are amazing... So the upside is strong, just need to closely monitor the actions taken by the leadership to prove they learned from their mistakes and shortcomings.
Where is your proof its a scam?
MJNA has said before that they have no control, just a shareholder.
I've been here since Nov. I get it. Things are not clarified, they're vaguely suggested.
And the licensing fees of CBDs only. Dixie is amazing, but MJNA sees nothing from the majority of their products.
I never said fraud.
Simply that most of the 2013 projections are unrealized revenues: until they sell the shares, there is no opportunity to capitalize.
If MJNA has never given a dividend, what makes you think Cannavest will? Not that you think that, but we can't use that frozen capital for growth unless we sell those shares.
Yeah.. I don't like being liquid, but without a clean Q1 we keep descending slowly.
Probably! But what I meant is from my .161 sell... It might be lower if the price gets down to .12 or so when they release Q1: I could be satisfied and get in at a lower PPS.
Or the price could stabilize right here and if I was satisfied with Q1, I might be chasing until I get my order filled.. And I'd be okay with that... I'm looking for answers and a confidence booster.
She admitted how they were booking the stock as 'revenue'. That's a mistake, not fraud.
It basically said most of the projected revenues for '13 would be shares of stock.
That's not confidence boosting.
Probably! But what I meant is from my .161 sell... It might be lower if the price gets down to .12 or so when they release Q1: I could be satisfied and get in at a lower PPS.
Or the price could stabilize right here and if I was satisfied with Q1, I might be chasing until I get my order filled.. And I'd be okay with that... I'm looking for answers and a confidence booster.
No, I held through the .50, I'd hold through that.
I am frustrated I sold because I now have to wait until next May instead of next January (my last intentional flip) for the capital gains tax rate on any real gains.
However, I'm concerned with the leadership of this company: too many mistakes lately. So I'm waiting to be proven wrong, waiting for obvious signs they're changing their ways for the better.
Why? The company hasn't released Q1 yet.
And I'm only talking with folks here, I'm not writing SA articles (and believe me, I could out-write Ashraf any day, most of us could).
My father and brother in law are holding, willing to take a tax loss if necessary... I've told them I'm out... So I'm not trying to hurt anybody or capitalize on their loss.
I'm waiting for Q1 before I buy: higher or lower I don't care, I'm looking for answers.
And we've already seen Michelle admit to financial book keeping mistakes regarding the $35M.
(I make no accusations of fraud!!!)
I understand the CannaVest deal, but how much are we making taking a license fee on CBD products?
I'm looking for that type of clarification/transparency.
Sorry... Trying to avoid being a hateful dumper... Explaining is a form of apologizing. Just sharing what optimism I have left: if a, b, c, x, y or z, rock on!
I'd be worried if I had a $40k gain and flipped it, not $1k.
As well, this $1k is on buy-sell difference, but I realized most of that last fiscal year.
Continuing, I think I can absorb $200-$300 in my normal income taxes when I regularly get a good return.
Lastly, if MJNA earns my trust again and I buy in, the potential to jump is here.. And I could easily sell a smaller position that I gained to cover any taxes.
I've been long and strong since November... But with the recent failure of executives to fully report on time and avoid the limited, and with all the questions the Apr 30th PR opened up, I've lost confidence.
Dixie is an amazing brand, but not until we're maximizing our revenue will it be worth anything huge to MJNA.
CBDs are great, and i do not doubt its abilities, but until I hear of supply deals with other non-mjna companies, I won't be excited about Phytosphere or the real revenue potential of CBD.
When Phytosphere products are in demand, then ill have proof the market truly wants and will sustain demand for them.
Not really: I'm not looking for a bottom, that was a lesson learned for new flippers:
I'm looking for momentum to turn and the trend to reverse based on solid Q1 report.
Ill chase if I have to, I sold at .161, I'm sitting on 1k profit, ill buy back around .19 if it started to turn around today... I want to see more than 3 days green or Q1 that makes me so excited.
Good luck! I did that back in late November as the price was falling from its .16 peak (my first but was at .144), then I averaged down by buying more then flipped down further.
I learned one thing: if I had the courage to hold overnight when I felt the price was going to keep going down, I could have bought more shares.
Right now, full disclosure, I am liquid. I took my $1k profit yesterday because the price is going to be eaten away until Q1.. And in all honesty, there are too many questions I need answering that only Q1 has the potential to answer.
I am willing to get caught behind and chase the upward moving price once I feel real investor confidence has returned: Q1 must clarify everything, and avoid MJNA's current spat of soft pointedness. Q1 needs to be explicit in explanations (transparent, not vague commentary that covers everything but says nothing at all).
No news this morning. Look for the short selloff and subsequent bottom to buy.
It will probably follow the same pattern today as it has the last few days: it'll drop and recover...
Off the cuff, drop to .145 and recover .155? That's not based on any calculations... Just basic observation.
Opportunity to flip.
I'm still waiting for Q1 to jump back in.
GLTA..
So your not worried that MJNA makes zero from THC infused product IP licensing?
There's a concern of mine.
In the April 30th letter, Michelle said that MJNA does not take any licensing fees from the THC IP, not until its federally legal.
That's why I don't like the current politics: its all about de-criminalization (fines, not jail time), nor the hands-off approach the administration is recommending.
MJNA will not profit from anything THC related until there is a rescheduling, or outright full legal: we need inter-state commerce restrictions lifted to really take advantage of the real Dixie money makers!
What good is expanding to other states when CBD is all MJNA is banking on and that's already available online?
I don't understand that and until our executive leadership clarifies the reported revenue with transparency, I just wonder what's going on.
Full legalization and Dixie actually becomes the mega-brand that makes us rich. In the meantime, what's going on with the THC infused IP? Are licensees just keeping that for themselves? Will the pay us a lump sum in the rears when its legalized?
And you think QB is an acceptable consolation prize? It's not.
I sold today, but I'm not short, but I am worried about this issue enough to take my meager 12% gain and wait and see. I'm okay chasing if things look good and my confidence rises.
Never: he'll let his replacement worry about it.
Pure profit takers.
MJNA can only stop this manipulation by going legit: proper financial reports, full disclosures, transparency.
That PR was not transparent, it was just designed to sooth shareholders, and profit takers took the opportunity to buy in to drive the price and flip.
I wasnt fully impressed by that PR.
Those are assumptions, but assumptions that seem logical.
I cannot argue against them.
I do not disagree.
Its just too perfect.
But in all honest, I believe the SA authors are really trying to short this towards 0, as don't care if the price climbs back up.
Nah. I'm not making crap up.. I'm optimistic that they can turn this boat around, I'm just waiting for it to happen. I'm not calling this a fraud by any means.
I trust Tripp and Dixie, I don't trust MJNA leadership: twice in 6 months they failed to report in a timely manner and the stock had a yield placed on it by OTC Markets (limited information). That's unacceptable.
Their reports have great numbers but no justification: the reports outright suck.
Until they earn my trust again by doing a better job, I'm holding off.
Yup. And missing deadlines and going below .10 to miss the uplist will frustrate and upset shareholders driving the price down.
SA doesn't care about that: they see weak reports and year them apart. Numbers mean nothing until you can prove it, and the reports and PRs to date can easily be torn apart.
I don't think SA is doing a good job at actually writing thought provoking and seriously negative articles, I could do better, but I'm optimistic and won't.
Those trying to cut down MJNA actually suck at their jobs. That's why we can tear their articles up...
But the problem is that MJNA sucks at writing well worded and powerful reports and PRs... They are meticulously crafted to avoid any specifics why making a reader think they're answering questions: Take the lawsuit for example: she did not say if they were going to file or not. She only hinted that they were building a case, that stockholders should have confidence that they will sue. Well, that's not evidence that they're moving forward, its lip service.
Too many holes to fill, and not a single person with the company has a shovel.
Behavioral Finance research had won Nobel prizes. It is a very difficult type of analysis that takes psychology into account..
What causes a person to ignore the signs, what causes a person to sell with the slightest bad news. What do traders follow? Trends, why? Because they feel comfortable believing that history repeats itself: this 'comfort' falls under behavioral finance.
If a shareholder thinks they are being lied to, they will sell. If a shareholder thinks management is failing, they will sell.. Behavioral.
There are outliers, but the majority follow behavioral guidelines:
So when I say "if we break .10 and would fail to uplist as soon as the audit is complete" most traders who have been banking on the uplist will cut their losses.
Few will acquire during that time ( for every sell there is a buy, right?), but more sellers will emerge than buyers and the price will collapse.
Still MJNA... They got their teeth in us, and won't let go until they kill us, get sued for real ( no empty threats) or MJNA pulls out strong reports with evidence that cannot be refuted and then begins its historic climb out of the gutter.