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Alan Brochstein

06/15/13 6:10 AM

#123520 RE: Rat Fink #123502

Coincidence isn't causation:

by comparing when the MJNA BLOGGER'S ARTICLES release dates with MJNA's stock price, it is VERY OBVIOUS that the BLOGGER'S get FULL CREDIT for all MJNA's stock price drops.



The articles may have been a wake-up call, but the CAUSE was the stock having been too high after the company created a mirage by misleading investors regarding earnings and even the line of business in which it participates. To blame the revelation of the truth doesn't seem right. Would anyone blame a firefighter for responding to a fire? "Those firefighters caused water damage to our house!!!"

I won't argue that that the articles didn't have an impact. Like the water that puts out a fire, the truth being revealed led to investors in the stocks reducing the price towards a more appropriate level. It's interesting that there hasn't been a negative article in quite some time, yet the stock keeps falling.