Friday, November 15, 2013 6:22:02 PM
MJNA will require institutional investment. We retail investors and traders do not have the firepower to get MJNA to the next level. I have put about $30k into MJNA at .025, .18 and .16. I did get a neighbor to drop $25k on MJNA and a few others to invest but that's all I'm bringing to the table.
MJNA needs a few big fish to jump into the pond. Once people notice more than just self-promoting bloggers giving attention to MJNA, then the money starts rolling. The HempMeds increase in sales is a great indicator of a booming business, no doubt the leg work paid off. Current quarter sales puts HempMeds at $1m annually but that is likely to increase with exposure.
I would expect some decent action on Monday but I'm not expecting the train to pull up to dollarland just yet in the same way I didn't expect last nights news of a 2 month old legal filing would tank MJNA. There is heavy resistance at the .30 level where many are likely trapped and year end losses are often booked now for tax purposes.
"Emancipate youself from mental slavery, none but ourselves can free our mind"
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