My guess, Det_Robert_Thorne, is that he bought well but failed to sell well. He likely bought on the 29th during the collapse or after the press release on the 30th and first disclosed it the 1st (if that is the first disclosure). His problem was failure to exit (he didn't get my tweet!), but who really cares about his position? It would be a lot more interesting to hear the justification. For anyone who wants to view it positively, I wonder if they will decide to sell if he decides to sell. I don't think I will post anything like "Sell MJNA because Steve Grasso sold" - that would be rather lame.
Fast Money appeals to a greedy society looking to follow the herd so they can get rich. Steve has never mentioned the play, but is obligated to disclose his positions which would directly speak to his LONG position because it is by definition a long position. Perhaps he may believe in hemp because of his surfer background and has studied up on the true resilience of this founding fathers favorite fibre. Drink Dixie and visit Steve Grasso's store.
Unfortunately, you are missing what Steve Grass is saying: "LONG on MJNA"
Steve Grasso is HOLDING MJNA LONG-TERM and NOT playing it SHORT-TERM--as your reply to my Post 123711 indicates.
Steve is smart and understands the volatility of a SMALL PENNY STOCK COMPANY. But, he KNOWS that MJNA, the current Medical CBD Leader, WILL SOMEHOW GET OVER THE VOLATILITY and GO BACK UP and WAY UP in STOCK PRICE.
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