News Focus
News Focus
icon url

Alan Brochstein

06/16/13 10:34 PM

#123775 RE: PennyStock Alert #123771

I am not saying that my bringing to light the truth about the company wasn't a factor in the timing of the stock going down, but the cause of the decline was the company's lies about its financials and misleading investors about all sorts of things. It was inevitable that the stock would go down - it was priced in a bubble. No one has written negatively in quite some time, yet it keeps dropping. Just like ALL of the MJ stocks.

Again, the analogy that fits best in my opinion is a fireman spraying water to put out a fire. For investors to get mad at the fireman for getting their clothes wet is insane, especially when they lit the fire themselves. We live in a world where few people want to take responsibility - it's the blame society: It has to be someone else's fault. People buying the stock were likely poorly informed about how messed up the company's financials were. I make a lot of mistakes, and I never blame anyone but me. With MJNA (and some of the other MJ stocks), though, I would say that in 35 years, I have never seen anything more obvious. Never. As I wrote in my first article in February, it was like the dotcoms but worse.

Anyone that thinks I said something factually correct should bring it to my attention. If someone owns the stock, good luck. If someone sold "because of me", it's never been lower, so buy it back if one wants.
icon url

Schweinemeister

06/17/13 12:34 AM

#123806 RE: PennyStock Alert #123771

Let's not forget Infitalis. Infitalis' article was the initial article which started this avalanche, minus one relief rally. I had just bought and boom the next day Infitalis calls Michelle Sides a criminal with a mugshot...they were very wrong. I believe Alan first started blogging and investigating the financials with Infitalis' article. I dismissed all of the negative articles, to my medium term detriment. It is hard to understand why I bought high and sold low (I got wrapped in the possibilities of getting in the MJ industry at the ground floor). Penny stocks are not my forte. I HAD to move on to make a living, thank God and betting correctly I just made it all back last week.
I confused the movement with LEGITIMATE companies generating revenue from products supporting the movement. There's still a movement, I'm not so sure about the profitability of the companies. MJ companies have to fight to survive in a highly regulated market with both hands tied behind their back. The picture was muddied for MJNA by their own doing, yet I still have hopes they will right the stock ship and turn a handsome profit. We will all see. GLTA Go MJNA!
icon url

zgoldies2

06/17/13 10:14 AM

#123834 RE: PennyStock Alert #123771

Many thanks from those who lost a lot of money.



So you are not reccoing MJNA a "buy" anymore? MJNA is now a "sell"?

I'll check out some other stock recco's for MJNA, you may be right,

this stock is most likely a "sell" mode currently. Thanks in

advance, I was about ready to buy some MJNA, but now I won't!

mjna