Medical Marijuana Inc (MJNA)

[NavyMSU]

Be Careful What You Wish For

We already hit .12.

As well, .12 will cause longs to sell.

The closer we get to .10 the faster the price will drop.

If we cross .10 all hope is lost for more than 90 days: in order to uplist, a company's PPS must be .10 or higher for 90 consecutive days.

If we hit .0999 we're done, the price will drop to .05 or lower because of the loss of the uplist. Additionally, how long will it stay under .10, add 90 days after it climbs out of the whole.

That whole time bashers and shorts will control this stock: its an easy argument to win "Look, no audit, they lied".

Regardless of actual MJNA intent, they will not be allowed to uplist if they go below .10.

So watch yourself, you might be excited to get a buy at .12xx but the risk at .12 is 10x the risk at .13 which is 10x the risk of buying at .14, etc.

Its a very steep and slippery slope at those price points... Push it too far and it'll collapse with you on it.

You're better off buying at .196 and supporting the climb out of the hole.