Medical Marijuana Inc (MJNA)

[globaldata77]

I think you are wrong about that other one. JMHO

MJNA ran from 0.08 – 0.10 to over 0.50 in about a month. The other one has done it over several months. More importantly, they have a blue chip mgmt. team, blue chip legal team, $40M in financing, reputable and respected BOD, institutional investors, over 3,000 grow products used by the smallest to the largest and are currently doing business with most all the growers/dispensaries. The money Is in THC. MJNA has too many unanswered questions.

There are a lot of newbies that have jumped into the market and they are buying stocks based on familiarity and their name. Look at Cannabis Science over 100M in debt, diluted to the max and not one product. Then we have HEMP run by Perlowin who was formerly CEO of MJNA and is closely associated with MJNA’s former CEO and current majority shareholder. Then of course there are all the questions that have gone unanswered by MJNA.

Initially, people will buy anything that they think has anything to do with marijuana. After a couple of days of doing research and DD they will sell some and buy others.

Here is what scares me about MJNA. In the recent past MJNA jumped up on the Gupta news and then again on the DOJ news. Unfortunately, they dropped right back to where they were prior to the news shortly after the pops.

The last few days the price has climbed but today it seemed to hit its peak and then went sideways. That is exactly what it did on the Gupta and DOJ news and then the price/volume dropped big time. If history is any type of indicator then if this continues to go sideways or worse yet it begins to drop you better run very fast. IMO

Could be your last chance to get out at a reasonable price and put your money into a legitimate money making machine. IMO

Hope everyone makes money.

GLTA