Fear in the MJ sector has all MJ stocks on a down trend. Todays suspension of yet another MJ stock (F$PM $2.89) has heightened the fear. Holding and buying this stock, run by a knowledgeable CEO in the MJ business and its associated business laws, rules and regulations is going to pay huge dividends , as the scams fall by the wayside. To be honest, the only thing that keeps me an investor in this company is the CEO and my confidence that we will not become one of those companies that are suspended by the SEC. FusionPharm looked to have an innovative business, small share structure and huge potential, but the SEC has found something amiss. I just can not see that happening here. The company may be slow to get things done, but I am sure that is because they are very aware of the SEC scrutiny within this business sector and are dotting all the i's and crossing all the t's to prevent the decimation of a business they believe in. The insiders here are true believers in their cause and will do everything in their power to advance it. One mistake could do irreparable damage to their ambitions, as well as their reputations, that they have worked years to establish.
This may be a bummer for those that seek instant gratification in trading profits, but for those that want to reap the handsome rewards of staying the course, as the scams are left by the wayside and the MJ sector is made a safer place to invest, this is the one to be holding thru all its up and downs until equilibrium is established in the MJ sector of the OTC.
