AI
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| Alias Born | 09/11/2005 |
Saturday, February 09, 2013 1:36:38 PM
With money flows pouring into Cannabis stocks(charts), I don't think this run is anywhere near over. As with all start-ups... you don't value the stock based on revenues and earnings, but FUTURE POTENTIAL, and, as more and more States join in, and MJNA and the rest of the stocks have already proven methods and technologies and products in place, they will immediately be able to expand into the new states.
Will some of these companies be valued in the billions of dollars?
Very likely, and MJNA along with HEMP and CBIS are very likely candidates for this kind of growth.
I posted these charts earlier of the whole sector. It's not just money flows into MJNA... but ALL OF THEM... That's why this rally is so powerful, as investors are starving for something new and Cannabis stocks fill the void for something new.
Look at MFI and OBV - money is coming in and staying..
Will some of these companies be valued in the billions of dollars?
Very likely, and MJNA along with HEMP and CBIS are very likely candidates for this kind of growth.
I posted these charts earlier of the whole sector. It's not just money flows into MJNA... but ALL OF THEM... That's why this rally is so powerful, as investors are starving for something new and Cannabis stocks fill the void for something new.
Look at MFI and OBV - money is coming in and staying..
