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Monday, January 13, 2014 9:22:36 PM
And YTD is a mere 1.5 weeks in this case. Much of the reason MJNA hasn't rocketed 300% like others is that it has had more exposure than many of the high fliers that money has been shifting toward, along with the fact it's market cap is considerable when looking at reported revenues.
20,000,000 daily volume is pretty high considering just a few weeks ago 6,000,000 was adv.
A positive PR would do wonders but I'm not holding my breath. In fact any solid PR would do the sector some good. Bloomberg, even Fox and CNN have all aired stories about the explosion in pot stocks since the new year. Of course, any new interest is greeted by relentless negativity from SA.
A real kicker would be a good Q1 from MJNA. Here's a classy way they could get it done:
A PR, not only stating the earning release date but also a conference call on that same date. That could build up some excitement going into earnings and if MJNA could follow up with a good report, plus some good fundamental clarity sprinkled with positive forecasts.......we could have a legit investment here.
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