Medical Marijuana Inc (MJNA)

[Alan Brochstein]

I am not saying that my bringing to light the truth about the company wasn't a factor in the timing of the stock going down, but the cause of the decline was the company's lies about its financials and misleading investors about all sorts of things. It was inevitable that the stock would go down - it was priced in a bubble. No one has written negatively in quite some time, yet it keeps dropping. Just like ALL of the MJ stocks.

Again, the analogy that fits best in my opinion is a fireman spraying water to put out a fire. For investors to get mad at the fireman for getting their clothes wet is insane, especially when they lit the fire themselves. We live in a world where few people want to take responsibility - it's the blame society: It has to be someone else's fault. People buying the stock were likely poorly informed about how messed up the company's financials were. I make a lot of mistakes, and I never blame anyone but me. With MJNA (and some of the other MJ stocks), though, I would say that in 35 years, I have never seen anything more obvious. Never. As I wrote in my first article in February, it was like the dotcoms but worse.

Anyone that thinks I said something factually correct should bring it to my attention. If someone owns the stock, good luck. If someone sold "because of me", it's never been lower, so buy it back if one wants.