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Very nice Pro-Baltia article, if you read it. Thanks weaseldawg.
Dump this while you can
Thanks td ameritrade, for not allowing transactions until after a 300% run up.
Never have i seen such bb hype
Nasdaq.com has it at 178m shares o/s
Try calling baltia, non working number. Whats going on with these guys.
Zillow is a $100 stock
Hows the short position working out for you lol
Tested a couple times today, yes. What i see is .16 support tyrning into resistance. I expect to see this in the 14s next week
Explain
"No underlying need for conflict between state and federal policies"
Yea shoulr sit around 19 monday. There will most likely be some news about the hearing over the weekend causing a slight gap up
Time to load up for tuesday, this probably wont be dropping mych more
Channel? Link doesnt work
Long as they keep buying and selling, they profit. Lower the stock price a few points, panic selling comes in right along side bargin hunters. They are playing the game, and playing it well.
Its a marketplace. Mms profit off the spread. Mjna is a mms dream.
Thats 2pm uk time, 8am eastern
Ok whos the wise guy trying to keep the PPS up buying 400 shares at a time lol
I disagree, the stock will taper into the next big news
Its nice to see volume throughout the day, it seems public awareness is picking up. In my opinion, this leads to stronger support levels, and i expect to see this stock climb higher, as we move closer to federal decriminalization.
Furthermore, each time positive news comes out, it offers an opportunity for traders to sell inflated shares and re-enter at deflated prices.
Glta
Long
GET OUT OF BALTIA
The fundementals are all screwed up. There are other, better opportunities, which offer similar returns as the companies meet their goals.
-Mary Jane
At the end of the day, most of us are here for the same reason. We are looking for the best MARIJUANA play, since its obvious AS EACH STATE LEGALIZES, The market E X P A N D S for mmj companies. Eventually, FEDERAL LAW WILL BE FORCED TO CHANGE, and those who got in early will be greatly rewarded.
MJNA has proven time and again to be the leader in the sector, no matter how fickle that sector is.
Wall st IS behind, banks, hedge funds, and big investors, can not or will not go near any company seeking to profit off of a still federally illegal commodity, and nobody from goldman sachs or jpm is going to publish anything about it until that changes.
Historically, its rare to know a course of events beforehand, and have opportunity to invest, in as near a certain an outcome as this. Good luck to all, trade wisely, don't invest what you can't afford to lose, and do your DD
-Mike
MY MJNA ANALYSIS..
There are core investors, which create support around .12
News come out, traders and newbies rush in. Stock jumps.
Traders trade, stock drops. Newbies get scared of falling share price, stock drops.
The original core, in addition to some new believers, create new support levels.
This cycle has been going for a while now.
Glta
Long
At this point with MJNA, its proven to be the leading stock in the industry, with a more than reasonable foundation to grow on.
Its now a matter of getting in as low as u can, checking the stock time to time, and watching marijuana prohibition come an end. Enjoy the ride, this is a rare opportunity. Imho
Long
Nice spread, .137 - .39 bid ask
Id like to see you short it, copernicus
This may cost someone their life =\
2014 election coming up. Marijuana will be a huge talking point. Fact is, a majority of americans are in favor, and politicians (RAND PAUL) want those votes.
With over 100 pieces of legislation pending, I see this happening sooner than some may think. We are at 21 states, decriminalized. When that number reaches 27, 28, 29, 30??, the federal laws will have to reflect the will of the people. Period.
http://www.mpp.org/legislation/marijuana-policy-reform-bills.html
I dont see how your prom queen metaphor works here, but i like it =]
Great post, thanks.
I think 13-14 is the new bottom. 12 was the bottom not long ago, it runs around sometimes, but as the fundamentals get stronger, and news gets better for the industry, this stock is poised to capture any and all mmj spotlight. Long and strong
Of all the mmj companies, mjna looks most poised to profit off an expanding industry. If anyone knows any other, im all ears.
Long
They were mentioned with the gupta story. Been running since.
This stock is all hype
Panic selling?
Beware under .20, be excited over .25