Medical Marijuana Inc (MJNA)

[NavyMSU]

I believe we will break through the 200MA.

Moving Averages and support levels are based on historical data: the data does not get recalculated with the new Share Structure.

The support at low .15s is only temporary. The Moving Average is high because stock holders believes they had a tiger by the tail, when it was just a house cat, owned by a crazy cat lady.

That .15 is based off of reported "earnings", not illiquid stock ownership, and its based off of 808M shares outstanding. As well, RDH isn't performing as lead to believe.

It's my belief we'll break through .15 soon. It'll probably hold as today's low, and depending on how high it bounces from shorts covering, it'll break tomorrow or Wednesday.

Folks, don't catch a falling knife.

This company has potential, but the PPS needs to rebalance to the share structure and valuation based on real earnings.

This will drop day to day. To where? I don't know. I wouldn't say .02 or .03, but I wouldn't be surprised if we dipped below .10.

I think most of us can agree uplisting is no longer a primary concern because the company is in shambles: only revenue comes from illiquid stock from a company who isnt breaking even either...

MJNA needs cash to operate and we all know they'll just increase the AS and dilute.

Let this drop and wait for a +2¢ bounce to ensure the bottom before you buy long term.

Example: If we bounce off of .10 ill buy at .12.

I honestly don't see .15 holding.