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Thursday, August 22, 2013 4:06:48 PM
I would recommend options spreads in a more volatile equity like A@PL.
200,000 share lots of MJNA are not the most liquid trades and a good options spread or straddle could yield far greater gains with a similar level of risk.
MJNA, like all MJ stocks, is a complete lottery ticket. MJNA with either go big or go bust but chasing it with $20k loads for $1000 rewards seems to me like a lot of unnecessary leg work.
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