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Re: NavyMSU post# 115523

Monday, 05/13/2013 8:38:57 AM

Monday, May 13, 2013 8:38:57 AM

Post# of 237987
I can understand your concerns. I'm worried about what they'll say in the upcoming report, too. Michelle made clear in her update that management knows what shareholders' concerns are. She knows that everyone is beating at the door demanding more detailed financials, an explanation of the CannaVEST that makes the $5 CANV price seem reasonable, and clear answers to some of the accusations raised in SA articles. To release another report that doesn't enable investors to definitively, quantitatively justify MJNA's various actions and claims could serve as the last straw for many investors and lead to a significant drop in the PPS. I hope, however, that management will come through this time and genuinely clear things up.

Still, I don't understand why you're not at least trying to get in and out quickly for a 10-20% short-term gain. You got out at 16.1 cents, right? There was a point while the price was 15-point-something cents when it was pretty obvious that the momentum was going to carry the price up a bit. At this point, some of negativity and suspicion engendered by Brochstein and Eassa's recent articles has subsided a bit. Brochstein has even been slipping some positive comments into his latest iHub posts. We know management is aware of everyone's concerns, that management knows what it needs to say in order to prevent the PPS from falling, and that management has an interest in preventing the PPS from falling since it uses its shares to fund some of its activities. Also, many of the pumper websites have begun posting about MJNA. Looking at all of this together, I think there's a very high probability that the price will rise more prior to this week's release of the audited financials. You really should have bought in at 15-point-something when you had the chance, but now it's probably not too late to get in and make a quick profit. If you're really worried that management will not exhibit sufficient transparency in the upcoming report to sustain the PPS, why not just buy in now and sell on the day the report comes out or perhaps right before the report comes out?