Someone is recognizing that MJNA is EXTREMELY undervalued right now and is buying effing HUGE blocks. 2 million share buy? I have been trading MJNA for 2 1/2 years and can't remember a buy that big, even when it was .03/share. If someone inside is unloading some of their shares, there is also someone that was ready to buy those shares and it was planned. I completely understand someone in the company selling a portion of their shares, for whatever reason (buy real estate, etc) and I believe that is what is happening. If it is Sides, then congratulations. She has earned it.
Now......I am also very satisfied with how the PPS has held relatively strong here with this person selling. I believe it was preplanned and that the person or group that is buying these shares was ready for the exchange. I think that we may see a few more of these transfers, but your guess is as good as mine.
All I can do at this point is to keep buying and buying. MJNA will see dollarland this year. GLTA all those who are holding strong.
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