Tuesday, December 11, 2018 11:46:09 AM
EARNINGS! That's the only thing that will move this stock. A company can make billions in revenue and still lose money.
The positive things are that MJNA has been able to increase its presence to so many countries without toxic financing or dilution of its stock. Now that expansion is paying off with increasing sales.
Now, those sales have to KEEP increasing. If they do we should get SOME upward movement in the price of the stock.
Then the sales need to come to the bottom line; EARNINGS. That's the only time we will get a POP in this stock, perhaps a big one.
I know I am looking at this as an INVESTMENT and not a speculation. I know that very few penny stocks are long term investments.
Perhaps I'm wrong but my feeling is that this one is different.
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