Replies to post #89692 on Medical Marijuana Inc (MJNA)

[Jbeach]

NJEric

You could be right. I have no idea. But I do believe Holder will be asked tomorrow. What his response... that's anyone's guess. If he says nothing and avoids the questions, I would view it as a net positive for MJNA, but I dont feel the market as a whole will react to it... and a sideways day as you predict will occur.

If holder says he will sue the states, the whole sector will dip. even though MJNA is profitable, and not allowing recreational use would probably not change their projections, they will drop.

if holder says he will allow the states to work out their own framework and will essentially stay out of this state issue.. the whole sector will run. how far and how much, i wouldnt dare to guess, im always wrong on that.

that's just my take on it. by the way good call on the close today. 30 cents compares to .3008.. good call. that last trade made you today.

[Salvatorey1234]

He may not say anything but I still feel like it will be a good day. Each day since Friday MJNA has closed closer and closer to the green .