I suspect if John G had been hired in December BEFORE all the MJ mania began I suspect he would feel differently. It all started in January with total craziness. every unimaginable company mentioning the very words MJ in a press release shot to the moon on the hype. Dead shells being hijacked and turned into MJ plays.
Suspensions were necessary. and should have happened much sooner.
One look at the 6 month chart of FITX tells you that last 50% drop was just a pattern - that had happened before. blaming the SEC for it was foolish. What about that boatload of shares coming off restriction - did he take that into account for the drop?
Let's not forget FITX does not even have their license yet - and that was being pumped as coming SOON for months - and didn't happen.
There was an obvious pattern to the chart - a pattern that was hopped on by the current momo players once it had dropped - just like the last time.
I suspect John G does not have much experience with these pennystocks - so it probably did appear to be shocking to him to see a drop like that. But it is pretty much how these pennies work.
Market Data 
Markets 
AI
