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News Focus
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Orangeman3

04/27/12 1:01 PM

#8984 RE: vic121 #8983

There are no MM making a market in this stock. Plus investors cant short. Check pink sheets its all explained there.
http://www.otcmarkets.com/stock/MJNA/short-sales
http://www.otcmarkets.com/stock/mjna/quote

I know folks trying to make you think this stock has been shorted for a month Just take a look at that hugh short position from Apr. 13 its a joke. As a matter of fact the whole short position for the past year does not amount to a hill of beans.
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GreenMomo

04/27/12 1:10 PM

#8985 RE: vic121 #8983

Weekly support level = .0378 then .03

If it takes off for next earnings announcement it may be around that price. Could be a giant exploder.

But the best way to play this stock is wait till the news and volume hits, else you can keep going deeper and darker into RED territory.

Frankly, the Weekly chart is so broken I wouldn't want to hold this. The downtrend from 2009 is still intact on the chart. This could go back slowly to sub penny.

However, there could be an Inverse Head and Shoulders pattern developing on the weekly chart.

All gambling with this stock.

With all the good news announced will earnings even move this?

I'll be watching.

Good luck all.