My Profits Say His Analysis IS Erroneous
I'm not going to go over his 1800+ posts or 700 SA articles or xxx instablogs or scour 420 Investor
BUT
On several occasions Mr. Brochstein has said to "stay away from MJNA". For those of us who did not stay away, great profits were made. What is so hard to understand about that being wrong?
Calling a stock a "dud" and insulting someone who posted about buying 250k shares at .16 before the stock jumped to .47 is erroneous in my book.
The funny thing is, when I look back at my past MJNA "analysis", I have repeatedly urged caution and expressed concerns about MJNA similar to Alan. However, I did it without baseless, negative speculation about why Dixie filed suit against their holding company or how management is selling shares (both false information spread by Brochstein and the others who have polluted the MJNA board).
Most important, I did it to keep positive conversation going about MJNA, NOT to promote a self serving website. I've recently been approached about starting a site and even had a buddy, a former coworker at Merrill, ask me to work with him to cover MJ stocks for his hedge fund. But that's not my game. Operating on my own what makes me happiest.
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