Medical Marijuana Inc (MJNA)

[nopancakemix]

I shorted at .45 because it went parabolic
The gains were not sustainable. It has nothing to do with confidence. I short A*PL all the time, shorting the equity and call options. I typically don't buy puts, and more often short them for good entry points, It has nothing to do with faith but it was hedging.

And the borrowing of shares was a nightmare. I have a large position in my ETrade trading account which is paid for in cash but they wouldn't let me borrow against it to short so I had to transfer it to my Merrill account because my broker there is a close friend/old boss. I got plenty of sh*t from him until he saw my cost basis.