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I-Glow

05/15/14 12:52 PM

#136761 RE: Aprildollars #136759

That is funny.

But it illustrates the problem with the MMJ sector as a whole.

At the first of last year there were maybe 10 to 15 weed companies - SKTO changed business models on 03/11/2013 and AEGY it was 05/14/2013.

The weed investors are a finite group - and now there are close to 250 companies that have changed their business models to marijuana. And there just isn't enough investors to sustain the kinds of runs that happened last year.

Plus, many investors have left MMJ because of all of the scams - and there will be more companies suspended.

It is hard to believe that in over half of the trading day there have only been 1.1 million shares traded - so many of the SKTO investors are also AEGY shareholders and when they think there is going to be a big run on one they abandon the other.

IG