Why MJNA is successful, When and why I bought sold
So I bought at .11, sold at .27 driving home from getting breakfast because, (you will laugh) my mother who has 30 years experience in the industry says its over bought at.35 for that day. Getting calls from the guys from the desk and in my hysteria I just say sell it all.
Bought
16,363 at .11
45,454 at .22
Sold at .27 (day high .35, missed it since I was getting breakfast for 10 mins)
I continue to tell them I wanted LONG holds on this and they are acting like im day trading. Sometimes this is the worst with these penny stocks and I am not a day trader by any means. I found this stock after a year and a half of research on which company to come into because I had predictions on this industry starting a few years ago.
Rebuy 23,809 at .42 (once again after sitting on my hands). I dont care if I lose my shirt on this. I believe in this industry because history repeats itself (prohibiton), National debt crisis will be a presidential changing issue down the road which could equate that the biggest commodity in the USA that is illegal, we begin to semi legalize on the FED level and helps save national debt, tax changes only go so far. Old ways die with old people, the demographic of the US is changing and so is the train of thought, gays, blacks and women are widely more accepted and so is marijuanna. Texas is passing a bill to semi legalize in the state and it is the most republican state out there...........good track for the next election. State laws grow rapidly over the next 4 years and no word from the Feds since Obama "has more important stuff to deal with". State majority leads Feds to putting in bills.
FYI, MJNA is going Worldwide. Not sure if anyone noticed in the end of January they are getting agreements from 24 countries in Europe for direct sales and the only legalization is from the IMPORTATION of marijuana. All in all, positive news everywhere, from financials, to legislation to expansion. Plus this company is already setting itself up as a conglomerate with subsidiaries with quality products and leads the industry in marijuanna and hemp and "EDIBLES" which I could foresee as being the biggest business. EDIBLES are more accepted in HOSPITALS, NURISING HOMES.....etc. Small children and dieing adults can eat, and not "hurt" their body and makes for a more acceptable way to making it a corporate drug that is used.
I had to rant and ramble...........sorry lol
AI
