Replies to post #76562 on Medical Marijuana Inc (MJNA)

[davidjr78]

I believe he is talking about the markets response to the Presidents State of the Union Address?

[marklar3]

Well, I could have sworn someone mentioned they would be discussing the two new bills introduced last week to end the federal ban against marijuana:

http://www.huffingtonpost.com/2013/02/05/marijuana-legalization-bill_n_2623528.html

http://www.theweedblog.com/youth-advocates-stand-alongside-coalition-in-congress-introducing-marijuana-legalization-bill/

http://hightimes.com/news/mmiller/8166

I can't find anything to confirm this will happen Wednesday, but the two House Members (from CO and OR) will be outlining their plan which you can find right here - COPY of the ACTUAL PLAN, titled The Path Forward: Rethinking Federal Marijuana Policy (More like the path forward and long ... A great read really. You want insight on legalization? Read the report. It's the same one members of congress will see):

http://blumenauer.house.gov/images/stories/2013/The_Path_Forward.pdf

If you want to stay alerted to moves in the legalization movement and national policy:

http://www.mpp.org/our-work/federal-policy/

But like I said, as far as I know, this could happen wednesday, friday, next monday, two weeks from today, etc. All I really know is that it is happening during this session of congress, and I'm not going to be playing russian roulette with this one ... My attitude is, "You want my .06's? Give me a real offer for them."

It's evident that manipulation (at least evident to me) is keeping the stock in its limited range throughout the trading day. Anyone who sells during this period is just making the big money that moves this stock bargain profits. Don't let the pigs scare you into a panic sale. They just want to scurry over and gobble up your discount shares like wild truffles -- a job better suited for the much more obedient pooch.

Let me see the stock move a day without the big players throwing down 2,097 Buy orders at .38 every time it came near .3999 -.4 (a resistance level), then we can talk.

Lol I'm waiting for the next nice breakout day where the big players lose control, if only for a short while.