Medical Marijuana Inc (MJNA)

[NavyMSU]

I haven't sold yet... Since I'm up 400% ill need some serious consolidation for me to afford the taxes and get back my position at break even, and ill need the PPS to drop more to increase my position and withhold those funds for taxes.. I can't afford to absorb this much tax obligation into my normal tax return.

Convinced the PPS will double this .40 by years end, and if I hold into Jan '14 ill qualify for capital gains 15%.

I'm convinced the price will be several dollars in a few years.

It's a happy dilemma to have.

I agree that we can't just keep growing, I think all the buying is expectation for projections.

If LinkedIn can sustain a 800 PE, and Facebook at 2,913 (Yahoo) and 1,959 (Google), which must be a mistake, but still trading at a high multiple, what can MJNA sustain now that its a golden child of a brand new market?

MMJ is a real growth sector with a real business plan to bring in revenues (unlike LinkedIn and Facebook where most services are free).

Technicals only take us so far, we need to analyze market demand, which makes this hard, there are no comparable companies available, and that makes it even better, as the risk is truly immeasurable and folks will pay to play.

Especially if the float did shrink, as some have mentioned.