Replies to post #183937 on Medical Marijuana Inc (MJNA)

[Det_Robert_Thorne]

MJNA was getting awfully close before PR

Some of us had been saying for quite awhile that at any price above $0.05, MJNA was overpriced, so I guess that before today's mid-day PR, MJNA was approaching a fair price, though till not undervalued.

Check out my post from nearly two months ago where I forcasted MJNA 2014 revenues between $14M and $15M and a $1M-$2M loss (I was too generous forecasting the loss).

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=112182862&txt2find=$14M|mjna

So now I think that anything above $0.03 is overpriced, and once the reality of the dilution hits, along with some analysis of the results, MJNA will continue to fall.