Medical Marijuana Inc (MJNA)

[mux investor]

This could drop as low as it wants, makes no difference to me. I'm in it for long term.

I get the sense that at least half the people here are going to short this stock some time after the election (which I think will pass but not by as much as the polls have suggested. I think it will pass with about a 54% Yes vote). You will make very good money if you do. But to me the real money is to be made a year or 2 or more down the line. By then I believe MJ will have been reclassified which will free up a ton of restrictions this sector faces.

Also, don't let this be the main deciding factor on when you sell or not, but understand the difference bewtreen a short term gain and a long term gain, and how taxes affect each. You will always pay less in taxes with a long term gain (holding a stock for over a year). Best of luck to all. If you have already bought i can almost guarantee you will have made some good money whenever you decide to sell.