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Monday, October 29, 2012 11:37:16 AM
Trying not to be biased here - but I think you will see mostly all bullish patterns on MJNA - with an occassional pull back or slight retracement for profit taking and reloading.
The new Cohen Price Index target will be stating that MJNA pps is now somewhere around $0.243 based on 3Q12 projected earnings due out by no later than 11/15 and a revised Cohen Price Index target of $0.489 based on 4Q12 earnings, which will be audited and due out by 02/15/13.
http://www.cohenresearch.com/Performance.aspx
I've personally been pushing them on releasing early "audited" 3Q12 earnings - but we'll have to wait & see if Ted Caliguiri, CEO was actually able to pull this off. If TC was and MJNA can release audited 3Q12 financials on or before 11/15, the Street will go absolutely ballistic, because it guarantees their new OTCBB uplisting and provides CPA certified / guaranteed performance results 3 months ahead of the previously planned certification schedule.
Additionally, Live Trading News is now projecting the same $0.50 pps = 4 bagger from COB on Friday:
http://www.livetradingnews.com/hot-list-star-medical-marijuana-inc-pinkmjna-may-see-50c-91209.htm#.UI3FyIbHXvE
AJMHO
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