Everyone was pumping MJNA last night on this buzz news so why the huge selloff today after first few minutes?????
Ding, ding, ding, we have a winner. Finally, someone asking a legitimate question.
Yesterday was incredible for this company and all stocks in this sector. Can you believe MJNA sold almost 50M shares in two hours?? Then this morning they traded another 25M in the first hour and it sells off.
I really thought it was going to run until at least the Congressional hearing just on momentum or emotion.
I don’t get it and I certainly don’t know where all these shares are coming from in such a short time.