Medical Marijuana Inc (MJNA)

[NavyMSU]

Read my posts from yesterday: I break it down.

Limited float and even less shares outstanding means there's little to no opportunity to short the stock, and any demand will drive the price up. With a higher price in the $2s you keep out the lower end penny pumpers who can get more return for less action/investment and with nobody selling, prices went through the roof.

I'm long MJNA: however with so many shares outstanding and such a large float, there are many opportunities to short and adding a smaller PPS the opportunity for anybody to get involved is unlimited. Add all the hype and attention with such loose opportunities, we'll see sideways movement and will require a reduction in shares outstanding to see this skyrocket and 'get rich quick'.