Medical Marijuana Inc (MJNA)

[nopancakemix]

ThomasAn No Need to Bait Like That
I wouldn't even attempt to make an accurate share price valuation. Back in March when MJNA was at .35, I said it was going to .18 then .09 purely from technical analysis; .09 was a previous resistance point and there was a fat gap from there.

Only a fool would try to value MJNA shares on a fundamental basis because the financial info is so uncertain. With a company like Apple the share price valuation is pretty simple;
Income-operational liabilities+cash holding=market cap/outstanding shares+intrinsic values+future earnings. One can then speculate future quarters earnings and apply them to a new valuation based on projected sales of iPhones, iPads, and the like, coming up with share price projections.

Like I said only a FOOL would attempt to evaluate MJNA shares based on the cloudy fundamental fins.